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                                                                    EXHIBIT 23.2
 
                  CONSENT OF INDEPENDENT CHARTERED ACCOUNTANTS
 
   
     We consent to the reference to our firm under the caption "Experts" and to
the use of our report dated May 25, 1995, (except for note 1(e) which is as of
May 9, 1996) in the Pre-Effective Amendment No. 1 to Registration Statement
(Form S-4 No. 333-10263) and related Prospectus of Atlantic Central Enterprises
Limited for the registration of 17,254,605 Common Shares.
    
 
                                          Ernst & Young
 
Dublin, Ireland
   
October 3, 1996