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DWS Global High Income Fund, Inc. Announces Quarterly Distribution

^{Published on 2008-12-19 14:51:38, Last Modified on 2008-12-19 14:52:24 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--DWS Global High Income Fund, Inc. (NYSE: LBF) (the "Fund") declared a quarterly distribution of $0.15 per share, payable on January 12, 2009 to stockholders of record at the close of business on December 31, 2008. The ex-date will be December 29, 2008. The previous quarterly dividend amount was $0.15 per share.

The current distribution rate represents an annualized yield of 11.88% based on the December 18, 2008 closing market price of $5.05 and a 9.13% yield based on the NAV of $6.57 on that same day. Both the distribution rate and the yield are based on current market conditions and may not be indicative of future performance.

For more information on the Fund please contact a representative at (800) 349-4281 or visit us on the web at [ www.dws-investments.com ] for updated information on the Fund.

DWS Global High Income Fund, Inc. is a non-diversified closed-end management investment company. The Fund's primary investment objective is to seek high current income as its primary objective and capital appreciation as a secondary objective through investment principally in global income securities. The Fund invests in individual bonds whose yields and market values fluctuate. Further, the Fund's investments in foreign securities are subject to currency fluctuation, political climate and economic changes, and risk of loss of principle and interest.

Investments in closed-end funds involve risk.Closed-end funds, unlike open-end funds, are not continuously offered.There is a one-time public offering, and once issued, shares of closed-end funds are sold in the open market through a stock exchange.Shares of closed-end funds frequently trade at a discount to net asset value.The price of the Fund's shares is determined by a number of factors, several of which are beyond the control of the Fund.Therefore, the Fund cannot predict whether its shares will trade at, below or above net asset value.

Past performance is no guarantee of future results.Annualized yield is the latest monthly distribution shown as an annualized percentage of net asset value/market price at month end. Annualized yield simply measures the level of distribution and is not a complete measure of performance. Market price, annualized distribution yield, net asset value are historical and will fluctuate and do not guarantee future results.

This announcement is not an offer to purchase or the solicitation of an offer to sell shares of the Fund or a prospectus, circular or representation intended for use in the purchase or sale of Fund shares.

DWS Investments is part of Deutsche Bank's Asset Management division and, within the US, represents the retail asset management activities of Deutsche Bank AG, Deutsche Bank Trust Company Americas, Deutsche Investment Management Americas Inc. and DWS Trust Company. (R-4473-16/08)