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DNP Select Income Fund Inc. Section 19(a) Notice

CHICAGO, Jan. 9, 2013 /PRNewswire/ --

Notification of Sources of Distribution












Distribution Period


December

2012










Distribution Amount Per Share of Common Stock

$0.065










The following table sets forth the estimated amounts of the current distribution, payable January 10, 2013, and


the cumulative distributions paid this fiscal year to date from the following sources: net investment income; net


realized short term capital gains; net realized long term capital gains; and return of capital or other capital source.


All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles,


which may differ from federal income tax regulations.






Current

Distribution ($)

% Breakdown

 of the Current

Distribution

Total Cumulative

Distributions for

the Fiscal Year

to Date ($)

% Breakdown

of the Total

Cumulative

Distributions for

the Fiscal Year

to Date


Net Investment Income

0.039

60%

0.452

58%


Net Realized Long Term Capital Gains

0.016

25%

0.320

41%


Return of Capital or Other Capital Source

0.010

15%

0.008

1%


Total (per common share)

0.065

100%

0.780

100%








Average annual total return* (in relation to NAV) for the 5 years ended on December 31, 2012

8.4%


Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2012

9.5%


Cumulative total return (in relation to NAV) for the fiscal year through December 31, 2012

8.5%


Cumulative fiscal year distributions as a percentage of NAV as of December 31, 2012

9.5%








You should not necessarily draw any conclusions about the Fund's investment performance from the amount of this


distribution.












The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution

may be a return of capital.  A return of capital may occur, for example, when some or all of the money that you invested

in the Fund is paid back to you.  A return of capital distribution does not necessarily reflect the Fund's investment

performance and should not be confused with "yield" or "income."







The amounts and sources of distributions reported in this Notice 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

Fund's investment experience during the remainder of the fiscal year and may be subject to changes based on tax

regulations.  The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these

distributions for federal income tax purposes.

* Simple arithmetic average of each of the past five annual returns.

DNP Select Income Fund Inc. (NYSE: DNP) is a closed-end diversified investment management company.  The Fund's primary investment objectives are current income and long-term growth of income.  The Fund seeks to achieve these objectives by investing primarily in a diversified portfolio of equity and fixed income securities of companies in the public utilities industry.  For more information, visit the Fund's website at www.dnpselectincome.com or call the Fund at (800) 864-0629.

 

SOURCE DNP Select Income Fund Inc.

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