Net Asset Value(s)

Acorn Income Fund Ld
03 March 2006

The directors of Acorn Income Fund Limited today announce that the Net Asset
Value per Ordinary Share based on mid market prices as at 28 February 2006 was
191.76 pence.

The Net Asset Value per Ordinary Share based on bid prices as at 28 February
2006 was 190.60 pence.

Enquiries to:               Collins Stewart Fund Management Limited

                                 No 1 Le Truchot

                                 St Peter Port

                                 Guernsey

                                 GY1 4AE


                      This information is provided by RNS
            The company news service from the London Stock Exchange