Banking Arrangements

Acorn Income Fund Ld
03 February 2006


Acorn Income Fund Limited (the 'Company')
Term Loan with Bank of Scotland in the sum of £25,616,000 ('Term Loan')



The Company announces that the Term Loan due to be repaid on 11 February 2006,
has been extended to 31 October 2006.



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