Dividend Declaration

ACORN INCOME FUND LIMITED

DIVIDEND DECLARATION

The Directors of Acorn Income Fund Limited (the "Company") have declared a Fourth interim dividend of 3.25 pence per Ordinary Share for the year ending 31 December 2014, which represents an increase of 8.3% compared to the corresponding dividend for the year ended 31 December 2013. Total distributions for 2014 will be 12.75 pence compared to 12 pence in 2013.

Ex-dividend Date 4 December 2014

Record Date 5 December 2014

Pay Date 19 December 2014

Dividend Rate 3.25 pence per share

For further information contact:

JTC (Guernsey) Limited

Secretary

Tel: 01481 702 400

20 November 2014

E&OE - In transmission

END OF ANNOUNCEMENT