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Global Income Fund Declares Additional Year-End Distribution

NEW YORK, NY -- (Marketwire) -- 12/13/12 -- The Board of Directors of Global Income Fund, Inc. (OTCQB: GIFD) declared on December 12, 2012 an additional year-end dividend distribution of $0.21 per share, payable on December 31, 2012 to shareholders of record as of December 27, 2012.

This notice discloses information on the sources of the distribution as required by SEC Rule 19(a) of the Investment Company Act of 1940. As of the date of this press release, the distribution of $0.21 per share would include approximately 0%, 100%, and 0% from net investment income, capital gains (representing net capital gains earned by the Company in fiscal 2011), and return of capital, respectively.

The amounts and sources of distributions reported in this press release are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Company's investment experience during the entirety of its fiscal year and may be subject to changes based on tax regulations. In early 2013, the Company intends to send a Form 1099-DIV for the calendar year concerning the tax treatment of the dividend distributions that were paid to shareholders of record during the 12 months ended December 31, 2012.

Safe Harbor Note

This release contains certain "forward looking statements" made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company, which may cause the Company's actual results to be materially different from those expressed or implied by such statements. The forward looking statements made herein are only made as of the date of this release, and the Company undertakes no obligation to publicly update such forward looking statements to reflect subsequent events or circumstances.

Contact:
Thomas O'Malley
E-mail: Email Contact
1-212-344-6310, ext. 267

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