RNS Number:1110M
Accelerated Return Fund Limited
09 June 2003


THE ACCELERATED RETURN FUND LIMITED (THE "COMPANY")

EXETER ASSET MANAGEMENT LIMITED HAS INFORMED THE COMPANY THAT FOLLOWING THE
ACQUISITION OF 425,000 PARTICIPATING SHARES OF 0.01 PENCE EACH FULLY PAID, THE
RESULTANT TOTAL SHARES MANAGED BY EXETER ASSET MANAGEMENT LIMITED AND IT'S
ASSOCIATED COMPANIES IS 1,925,000 SHARES REPRESENTING 8.26% 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: 9 June 2003



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

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