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ALPS Advisers, Inc.: Liberty All-Star(R) Growth Fund, Inc. Releases Tax Information

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^{Published in Business and Finance on Wednesday, January 21st 2009 at 12:16 GMT, Last Modified on 2009-01-21 12:17:12 by Market Wire}  

BOSTON, MA--(Marketwire - January 21, 2009) - Liberty All-Star Growth Fund, Inc. (NYSE: [ ASG ]) announces the final tax status for its 2008 distributions as follows:

 Total Ordinary Dividends -------------------- Long-Term Return Payable Amount Non- Capital of Record Date Date per Share Qualified Qualified Gains Capital ----------- ------- --------- --------- --------- --------- ------- 2/01/08 3/17/08 $ 0.13 -- 0.02% 5.76% 94.22% 5/09/08 6/23/08 $ 0.14 -- 0.02% 5.76% 94.22% 8/08/08 9/22/08 $ 0.12 -- 0.02% 5.76% 94.22% 12/12/08* 1/02/09 $ 0.08 -- -- -- -- 

* Pursuant to Section 852 of the Internal Revenue Code, the taxability of this distribution will be reported in the Form 1099-DIV for 2009.

The tax designations of the distributions were previously reported to shareholders on a tentative book basis. The final tax designations are based upon tax reporting requirements and should be used by shareholders for tax return preparation.

ALPS Advisors, Inc. is the fund manager of the All-Star Growth Fund, a multi-managed, closed-end investment company with more than $88 million in net assets. The Fund's shares are listed on the New York Stock Exchange under the symbol ASG.

The Liberty All-Star Growth Fund is a closed-end fund and does not continuously offer shares. The Fund trades in the secondary market, investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market's value.