Holding(s) in Company

Acorn Income Fund Ld
08 January 2004


Following a sale of 100,000 shares on 7 January 2004, the Company has been
informed that Exeter Investment Group plc is interested in 3,500,000 shares
representing 11.82% of the issued share capital of the Company.



The shares are held



Dartmoor Investment Trust                           1,460,000
Exeter Enhanced Income                                645,000
Exeter Smaller Companies Income Fund                1,125,000
Exeter Selective Assets                               270,000


Date Company informed: 8 January 2004


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