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PR Newswire
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Alpine Global Dynamic Dividend Fund Declares Next Three Months' Regular Dividends

WESTCHESTER, N.Y., Sept. 24 /PRNewswire-FirstCall/ -- The Board of Trustees of the Alpine Global Dynamic Dividend Fund today announced the Fund's regular monthly distribution of $0.17 per share for October, November and December.

The following dates apply to today's distribution declaration: Record Date: October 22, 2007 Ex-Distribution Date: October 18, 2007 Payable Date: October 26, 2007 Record Date: November 19, 2007 Ex-Distribution Date: November 15, 2007 Payable Date: November 23, 2007 Record Date: December 24, 2007 Ex-Distribution Date: December 20, 2007 Payable Date: December 28, 2007

The Fund is designed to provide high current tax-qualified income and growth of capital using three strategies -- Dividend Capture, Value and Growth. The Fund seeks to achieve these goals by employing a research-driven approach to identifying companies globally with the potential for dividend increases and capital appreciation.

More information about the fund is available on http://www.alpinecef.com/. Information about Alpine and its nine open-end no-load funds are available at http://www.alpinefunds.com/.

Based in Westchester, New York, Alpine Woods Capital Investors was founded in 1997, and together with its affiliated entities has over $12 billion in assets under management.

This press release contains forward-looking statements that describe our strategies and goals and our beliefs concerning future conditions and the outlook for the Fund, based on currently available information. The Fund's actual results could differ materially from those anticipated in the forward-looking statements because of various risks and uncertainties, including the factors set forth in the Fund's prospectus, filed with the SEC on July 25, 2006, in the section headed "Risk Factors" and elsewhere in the prospectus. You should carefully consider those Risk Factors and the other information in the Fund's SEC filings before investing.

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© 2007 PR Newswire
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