Revised Net Asset Value(s)

ACORN INCOME FUND LIMITED (the “Company”)
(a closed-ended investment company incorporated in Guernsey with registration number 34778)

Revised Net Asset Values

Following identification of an error in the Ex-income NAV calculation, the Company wishes to disclose the revised figures below. There has been no error in the calculation of the Cum-income NAV which are also listed below for reference only.

Original Net Asset Value Announcement Date & Time	Previously announced Ex-income NAV	Revised Ex-income NAV**	Cum-income NAV*	NAV Date
05-Oct-2015 16:08	380.37p	390.57p	394.14p	02 Oct 2015
08-Oct-2015 16:18	385.58p	395.78p	399.19p	07 Oct 2015
12-Oct-2015 17:29	385.72p	395.92p	400.20p	09 Oct 2015
15-Oct-2015 14:46	385.72p	395.91p	400.21p	14 Oct 2015
20-Oct-2015 14:06	384.58p	394.77p	399.14p	16 Oct 2015
23-Oct-2015 11:23	381.91p	392.10p	396.49p	21 Oct 2015
26-Oct-2015 16:09	378.07p	388.26p	392.80p	23 Oct 2015
29-Oct-2015 16:36	377.94p	388.13p	392.69p	28 Oct 2015
02-Nov-2015 14:17	381.49p	391.68p	396.25p	30 Oct 2015
09-Nov-2015 09:46	380.87p	391.06p	395.66p	04 Nov 2015
10-Nov-2015 08:57	377.80p	391.49p	392.84p	06 Nov 2015
12-Nov-2015 14:33	380.83p	394.52p	395.88p	11 Nov 2015
17-Nov-2015 09:52	370.02p	383.71p	385.07p	13 Nov 2015

*Cum-income net asset value includes all current year income, less the value of any dividends paid in respect of the period together with the value of any dividends which have been declared and marked ex dividend but not yet paid.

**Revised Ex-income net asset value is the Cum-income NAV excluding  net current year  income (net current year  income being all current year income, less the value of  any dividends paid in respect of the period together with the value of any dividends which have been declared and marked ex-dividend but not yet paid).   

In calculating the ex-income NAV since the start of October a change in procedure resulted in total income received year to date being deducted from the cum-income NAV without allowance being made for dividends distributed in respect of that period. The result was that ex-income NAVs were understated implying a larger accumulation of current period revenue than was actually the case.

Enquiries:

Northern Trust International Fund Administration Services (Guernsey) Limited

Harry Rouillard           44 (0)1481 745001

Date: 26^th November 2015