RNS No 6033k
ACORN GROUP PLC


                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

ACORN GROUP PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

OLIVETTI TELEMEDIA INVESTMENTS B.V.

3)  Please state whether notification indicates that it is in respect of holding
    of the Shareholder named in 2 above or in respect of a non-beneficial
    interest or in the case of an individual holder if it is a holding of that
    person's spouse or children under the age of 18

2 ABOVE

4)  Name of the registered holder(s) and, if more than one holder, the number of
    shares held by each of them.

OLIVETTI TELEMEDIA INVESTMENTS B.V.

5)  Number of shares/amount of stock acquired.

N/A

6)  ( N/A %) of issued Class

7)  Number of shares/amount of stock disposed

13,250,000

8)  (14.31%) of issued Class

9)  Class of security

10p ORDINARY SHARES

10) Date of transaction

29 JUNE 1998

11) Date company informed

29 JUNE 1998

12) Total holding following this notification

1,598,462

13) Total percentage holding of issued class following this notification

1.72%

14) Any additional information

N/A

15) Name of contact and telephone number for queries

RICHARD CONWAY
01223 725000

16) Name and signature of authorised company official responsible for making
    this notification

    Date of Notification.29TH JUNE 1998.........


END

HOLSELFWUUAUFFM


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