RNS Number:8878N
Accelerated Return Fund Limited
23 July 2003


THE ACCELERATED RETURN FUND LIMITED (THE "COMPANY")

THE BANK OF ENGLAND HAS TODAY INFORMED THE COMPANY THAT FOLLOWING THE
ACQUISITION OF 715,200 PARTICIPATING SHARES OF 0.01 PENCE EACH FULLY PAID, THE
RESULTANT TOTAL SHARES HELD BY THE BANK OF ENGLAND PENSION FUND IS 1,250,000
SHARES REPRESENTING 4.88% 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: 23 July 2003



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

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