RNS No 4116j
ACORN GROUP PLC

                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

ACORN GROUP PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

SEE SCHEDULE BELOW

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

SEE 2 ABOVE

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

SEE 2 ABOVE

5)  Number of shares/amount of stock acquired.

N/A

6)  ( N/A %) of issued Class

7)  Number of shares/amount of stock disposed

N/A

8)  ( N/A %) of issued Class

9)  Class of security

ORDINARY 10p

10) Date of transaction

N/A

11) Date company informed

26th November 1998

12) Total holding following this notification

SEE 2 ABOVE

13) Total percentage holding of issued class following this notification

SEE 2 ABOVE

14) Any additional information

N/A

15) Name of contact and telephone number for queries

RICHARD CONWAY  --  01223-725002

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

    Date of Notification.1st December 1998......


SCHEDULE  PART 1
                   
COMPANY NAME:           ACORN GROUP PLC
CLASS OF SHARES:        10p ORDINARY SHARES
TOTAL INTEREST HELD BY: MERCURY ASSET MANAGEMENT LTD   9,374,859 (10.12%)  

MADE UP AS FOLLOWS:

Registered Holder             Number of       Investment          Beneficial  
                              Shares          Management          Interests ?
                                              Company (if         (YES/NO)
                                              separately
                                              disclosable)

Nutraco Nominees Ltd          5,491,164                              No
(Designated & Undesignated)

Mercury Life Nominees Ltd       160,000                              Yes
A/C NONCERT

Nortrust Nominees Ltd           269,299                              No

Chase Nominees Ltd            2,105,000                              No

State Street Nominees Ltd     1,000,000                              No

Other                           349,396                              No

TOTAL                         9,374,859


PART 2

COMPANY:          ACORN GROUP PLC                 AS OF: 20TH NOVEMBER 1998
CLASS OF SHARES:  10p ORDINARY

Each company named below is interested in the aggregate number of the shares
identified above set opposite its name.  Where the number includes shares
additional to those shown in part 1, certain further details are also set out
below.

                                  Requisite details in respect of shares
                                  additional to those shown in the 1st Part

Company                Aggegate Number of     Number and     Interest within
                       shares interested in   (if known)     section 208(5) 
                                             registered     Companies Act 1985?
                                              holder
Merrill Lynch & Co Inc     9,374,859             -                 -
Merrill Lynch Group, Inc   9,374,859             -                 -

END
                                          

HOLFSEFLFUAUFIE


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