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First Opportunity Fund, Inc. Announces NAV Correction

  //business-finance.news-articles.net/content/201 .. portunity-fund-inc-announces-nav-correction.html
  Published in Business and Finance on Tuesday, December 14th 2010 at 16:00 GMT by Market Wire
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BOULDER, Colo.--([ BUSINESS WIRE ])--First Opportunity Fund, Inc. (OTCBB: FOFI) announced today that the net asset value (aNAVa) per share of $8.50 reported on Friday, December 10, 2010 was incorrect. The correct NAV per share for December 10, 2010 is $8.67. The closing market price per share on December 10, 2010 remains unchanged at $7.19. Based on a NAV per share of $8.67 on December 10, 2010, the discount to NAV on December 10, 2010 was -17.1%.

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