AIF.L Regulatory News (AIF)

ACORN INCOME FUND LD - Revised Net Asset Value(s)

PR Newswire

London, November 26

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.

*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: 26th November 2015