RNS Number:9353J
Accelerated Return Fund Limited
11 April 2003


THE ACCELERATED RETURN FUND LIMITED (THE "COMPANY")

BRITANNIC INVESTMENT MANAGERS LIMITED HAS INFORMED THE COMPANY THAT FOLLOWING
THE ACQUISITION OF 2,120,000 PARTICIPATING SHARES OF 0.01 PENCE EACH FULLY PAID,
THE RESULTANT TOTAL SHARES HELD BY BRITANNIC INVESTMENT MANAGERS LIMITED AND
IT'S ASSOCIATED COMPANIES IS 2,120,000 SHARES REPRESENTING 10% OF THE TOTAL
SHARES ISSUED BY THE COMPANY.

Name of contact and telephone number for queries:

Anson Fund Managers Limited 01481 722260

Name of company official responsible for making this notification

J R Le Prevost, for Company Secretary                      01481 722260

Date of notification: 11 April 2003







                      This information is provided by RNS
            The company news service from the London Stock Exchange

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