BERWYN INCOME FUND INC
DEFA14A, 1996-03-29
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SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a)
of the Securities Exchange Act of 1934



Filed by the Registrant                      x
Filed by a Party other than the Registrant        o
Check the appropriate box:
o    Preliminary Proxy Statement
x     Definitive Proxy Statement
o    Definitive Additional Materials
o    Soliciting Material Pursuant to 240.14a-11(c)
or 240.14a-12

                                            BERWYN
INCOME FUND, INC.
          (Name of Registrant as Specified In Its
Charter)


KEVIN M. RYAN
          (Name of Person(s) Filing Proxy Statement)

Payment of Filing Fee (Check the appropriate box):
x     $125 per Exchange Act Rules 0-11(c)(1)(ii), 14a-
6(i)(1), or    14a-6(i)(2).
o    $500 per each party to the controversy pursuant
to   Exchange Act Rule 14a-6(i)(3).
o    Fee computed on table below per Exchange Act
Rules 14a-     6(i)(4) and 0-11.

1)   Title of each class of securities to which
transaction applies:

________________________________________________

2)   Aggregate number of securities to which
transaction    applies:

________________________________________________

3)   Per unit price or other underlying value of
transaction    computed pursuant to Exchange Act
Rule 0-11:1

________________________________________________

4)   Proposed maximum aggregate value of
transaction:

________________________________________________


1.   Set forth the amount on which the filing fee is
calculated     and state how it was determined.

o    Check box if any part of the fee is offset as
provided by    Exchange Act Rule 0-11(a)(2) and
identify the filing for  which the offsetting fee
was paid previously.  Identify the      previous
filing by registration statement number, or the
Form or Schedule and the date of its filing.

     1)   Amount Previously
Paid:______________________

     2)   Form, Schedule or Registration Statement
No.:_________________________________

     3)   Filing
Party:________________________________

     4)   Date
Filed:__________________________________



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