Acorn Income Fund Limited (the "Company")                   
      (a closed-ended investment company incorporated with limited liability under 
                  the laws of Guernsey with registered number 34778)               

                                RESULT OF CLASS MEETING                            
                                   26 September 2016                               

    The Company advises that the ordinary resolution, as outlined below, put to the
    holders of ZDP Shares at the Class Meeting of the Company held today was duly
    passed:

    "THAT the holders of the ZDP Shares hereby sanction and consent to the passing
    and

    carrying into effect, as an ordinary resolution of the Company, of Resolution 6

    contained in the notice of annual general meeting of the Company dated 6 April
    2016

    and any variation or abrogation and/or deemed variation or abrogation of the
    rights

    attached to the ZDP Shares which will, or may, result from the passing and
    carrying

    into effect of such resolution."

    (9,106,295 votes in favour, 0 votes against, 0 votes withheld)

    Enquiries: Company website: https://www.premierfunds.co.uk/investors/
    investments/investment-trusts/acorn-income-fund

    Cara De La Mare
    Northern Trust International Fund Administration Services (Guernsey) Limited
    Company Secretary
    Tel: +44 (0) 1481 745498
    Email: cd109@ntrs.com