Dividend Declaration

ACM European Enhanced Inc.Fund PLC
10 July 2002



ACM European Enhanced Income Fund PLC

The interim dividend for the three months to 30 June 2002 will be 1.20p per
share to be paid on 30 July 2002 to shareholders on the register at 19 July
2002. Ex dividend dealings are expected to commence on 17 July 2002.


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