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Liberty All-Star(R) Growth Fund, Inc. October 2009 Update

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^{Published in Business and Finance on Thursday, November 12th 2009 at 10:08 GMT by Market Wire}  

BOSTON, MA--(Marketwire - November 12, 2009) - Below is the October 2009 Monthly Update for the Liberty All-Star® Growth Fund, Inc. (NYSE: [ ASG ])

 October 2009 Monthly Update Performance NAV Market Price Discount ----------- --- ------------ -------- Beginning of month value $3.84 $3.16 17.7% Distributions - - End of month value $3.67 $3.04 17.2% Performance for month (4.4%) (3.8%) Performance year-to-date 20.0% 25.3% For daily data visit the Fund's website at [ www.all-starfunds.com ] or call 1-800-241-1850. The Fund's daily NAV is also available by using the symbol XASGX. Past performance cannot predict future results. --------------------------------------------------------------------------- Net Assets at Month-End ($millions) ----------------------------------- Total $110.3 Equities $107.3 Percent Invested in Equities 97.3% --------------------------------------------------------------------------- Top 20 Holdings at Month-End (29.0% of equity portfolio) -------------------------------------------------------- (Rank from previous month) 1 National-Oilwell Varco, Inc.(1) 1.8% 11 ANSYS, Inc.(15) 1.4% 2 Strayer Education, Inc.(2) 1.7% 12 EMC Corp.(30) 1.4% 3 Visa, Inc., Class A(9) 1.7% 13 McAfee, Inc.(14) 1.4% 4 Microsoft Corp.(5) 1.7% 14 Capella Education 5 Core Laboratories N.V.(3) 1.7% Co.(19) 1.3% 6 The TJX Companies, Inc.(6) 1.6% 15 International Business 7 Starbucks Corp.(4) 1.6% Machines Corp. (New) 1.3% 8 Google, Inc., Class A(New) 1.5% 16 Kohl's Corp.(New) 1.3% 9 Adobe Systems, Inc.(12) 1.5% 17 Signature Bank(27) 1.2% 10 Hewlett-Packard Co.(13) 1.4% 18 eBay, Inc.(16) 1.2% 19 LKQ Corp.(11) 1.2% 20 Resources Connection, Inc.(21) 1.1% Holdings are subject to change --------------------------------------------------------------------------- Sector Breakdown (% of equity portfolio) * ------------------------------------------ New Holdings Information Technology 30.1% ------------ Consumer Discretionary 16.1% Alcon, Inc. Industrials 14.8% Apple, Inc. Health Care 14.4% China Real Estate Financials 10.7% Information Corp. Energy 8.0% Cognizant Technology Materials 2.8% Solutions Corp., Class A Consumer Staples 2.2% Dril-Quip, Inc. Utilities 0.5% Education Management Corp. Telecommunication Services 0.4% Google, Inc., Class A ------ II-VI, Inc. 100.0% International Business Machines Corp. Kohl's Corp. Landstar System, Inc. Mastercard, Inc., Class A McKesson Corp. NIKE, Inc., Class B Rockwell Collins, Inc. TD Ameritrade Holding Corp. VeriFone Holdings, Inc. Walgreen Co. Yamana Gold, Inc. Holdings Liquidated ------------------- Auxilium Pharmaceuticals, Inc. Clearwire Corp., Class A Danaher Corp. The DIRECTV Group, Inc. Fluor Corp. I-Flow Corp. Intuit, Inc. Oracle Corp. O'Reilly Automotive, Inc. Research In Motion Ltd. Shanda Games Ltd. UnitedHealth Group, Inc. UTI Worldwide, Inc. Vertex Pharmaceuticals, Inc. Vodafone Group PLC Weatherford International Ltd. WellPoint, Inc. Based on Standard & Poor's and MSCI Barra Global Industry Classification Standard (GICS). * The Liberty All-Star Growth Fund, Inc. is a closed-end fund and does not continuously offer shares.