EGM Statement

ACM European Enhanced Inc.Fund PLC
13 October 2005


ACM EUROPEAN ENHANCED INCOME FUND PLC

RESULT OF EXTRAORDINARY GENERAL MEETING

13 OCTOBER 2005

The board of ACM European Enhanced Income Fund plc (the 'Company') announces
that the single item of business proposed at the Company's extraordinary general
meeting (the 'EGM') held today was approved.

The special resolution passed provided for the amendment of the Company's
articles of association to allow, at the discretion of the Company's directors,
for the total repurchase of the Company's shares (the 'Shares').  In the light
of this approval it is intended, as announced on 19 September 2005, that all of
the Shares will be repurchased.  On the repurchase of the Shares, the Company
shall pay to Shareholders the residual net asset value per Share, after allowing
for all related costs of the Share repurchase arrangements, including the
realisation of the Company's portfolio.  The portfolio assets will be realised
as soon as practicable.

The Company expects to announce the actual Share repurchase date and the
repurchase price on 21 October 2005.  The proceeds of the Share redemption are
expected to be distributed on 28 October 2005, which is also the scheduled
payment date for the Company's final interim dividend of 1.5p per Share.

The listing of the Shares on the Official List of the Financial Services
Authority (the 'Listing') and dealings in the Shares on the London Stock
Exchange (the 'Dealings') were suspended at 7.30 a.m. this morning.  Application
will be made for the Listing to be cancelled with effect from 7.30 a.m. on 25
October 2005 and no further Dealings are therefore expected.

For further information please contact:

David Benda / Nathan Brown
Winterflood Investment Trusts, Corporate Stockbroker
Tel. [phone] / 5572

Notes:

Winterflood Investment Trusts, a division of Winterflood Securities Limited, is
acting for the Company and will not regard any persons other than the Company as
its customer or be responsible to anyone other than the Company for providing
the protections afforded to customers of Winterflood Securities Limited or for
providing advice in relation to the contents of this announcement.


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