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DWS High Income Trust (KHI) Declares Year End Distribution

^{Published on 2008-12-19 14:52:28, Last Modified on 2008-12-19 14:53:16 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--DWS High Income Trust (NYSE: KHI) (the "Fund")declared a year end distribution of $0.0179 per share from net investment income, payable on January 12, 2009 to shareholders of record on December 31, 2008. The ex-date is December 29, 2008.

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

The fund seeks to provide the highest current income obtainable, consistent with reasonable risk, with capital gains secondary. The fund invests in individual bonds whose yields and market values fluctuate, so that your investment may be worth more or less than its original cost. The fund may invest in lower-quality and nonrated securities, which present greater risk of loss of principal and interest than higher-quality securities. Bond investments are subject to interest rate risk such that when interest rates rise, the prices of the bonds, and thus the value of the bond fund, can decline and the investor can lose principal value.

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 the 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 dividend yield is the latest monthly dividend shown as an annualized percentage of net asset value/market price at month end. Annualized dividend yield simply measures the level of dividends and is not a complete measure of performance. Market price, annualized dividend yield, net asset value and returns are historical and will fluctuate and do not guarantee future results.Investments in funds involve risk. Some funds have more risk than others. These include funds that allow exposure to or otherwise concentrate investments in certain sectors, geographic regions, security types, market capitalization or foreign securities (e.g., political or economic instability, which can be accentuated in emerging market countries).

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

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-4467-1 12/08)