Holding(s) in Company

Acorn Income Fund Ld
01 March 2004

Following a sale of 750,000 shares on 27 February 2004, the Company has been
informed that Exeter Investment Group plc is interested in 3,195,000 shares
representing 10.79% of the issued share capital of the Company.



The shares are held


Dartmoor Investment Trust                         1,460,000
Exeter Enhanced Income                              340,000
Exeter Smaller Companies Income Fund              1,125,000
Exeter Selective Assets                             270,000


Date Company informed: 1 March 2004


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