SOURCE: The New America High Income Fund, Inc.

December 21, 2009 20:00 ET

The New America High Income Fund, Inc. Declares Dividends

BOSTON, MA--(Marketwire - December 21, 2009) - The New America High Income Fund, Inc. (the "Fund") (NYSE: HYB) announced today the following dividends:

                        Ex-Dividend      Record      Payment
 Type     Dividend          Date          Date        Date
-------   --------      -----------     --------     -------
Special     $0.189        12/29/09      12/31/09     1/29/10
Regular     $0.065         2/10/10       2/12/10     2/26/10

In addition, the Fund announced that it has released updated portfolio data for the Fund. The information can be found on the Fund's web site at www.newamerica-hyb.com.

The New America High Income Fund, Inc. is a diversified, closed-end management investment company with a leveraged capital structure. The Fund's investment adviser is T. Rowe Price Associates, Inc. ("T. Rowe Price"). As of September 30, 2009, T. Rowe Price and its affiliates managed approximately $366 billion of assets, including approximately $12.2 billion of "high yield" investments. T. Rowe Price has provided investment advisory services to investment companies since 1937.

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