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First Opportunity Fund, Inc. Corrected NAV


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BOULDER, Colo.--([ BUSINESS WIRE ])--First Opportunity Fund, Inc. (NYSE: FF) announced today that the net asset value ("NAV") of $7.54 reported on Thursday, December 24, 2009 was incorrect. The correct NAV for December 24, 2009 is $7.51. The Fund traded ex-dividend on December 23, 2009 for $0.03 per share. This dividend amount was mistakenly omitted from the NAV calculation.

For more information on the Fund, please visit us on the web at [ www.firstopportunityfund.com ].


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