Madison Strategic Sector Premium Fund Announces Voting Results From 2016 Annual Shareholder Meeting

MADISON, WI--(Marketwired - September 13, 2016) - Madison Strategic Sector Premium Fund (NYSE: MSP) (the "Fund") announced today the voting results of its 2016 annual shareholder meeting held on September 8, 2016.

All of the Fund's incumbent trustees standing for election were re-elected. In addition, the shareholder proposal requesting the Board of Trustees of the Fund authorize a self-tender offer for all outstanding common shares of the Fund was defeated. Of the shares present and entitled to vote on the shareholder proposal, 28.17% voted for the proposal.

About Madison Asset Management, LLC

The Fund provides additional information on their website at www.madisonfunds.com. Madison Asset Management, LLC (Madison), a subsidiary of Madison Investment Holdings, Inc., is the Fund's investment adviser. Its affiliates include Madison Investment Advisors, LLC, with offices in Madison, Wisconsin and Scottsdale, Arizona; NorthRoad Capital Management LLC, located in New York, New York and Hansberger Growth Investors L.P., Toronto, Canada.

Availability of Fund Updates

Madison Asset Management updates certain other data for the Fund on its website in the "Closed-end Funds" section of www.madisonfunds.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated data and the release of other material information about the Fund. This reference to Madison Asset Management's website is intended to allow investors public access to information regarding the Fund and does not, and is not intended to, incorporate Madison Asset Management's or Madison Funds' website in this release.

Annual and Semi-Annual Reports and other regulatory filings of the Fund with the Securities and Exchange Commission ("SEC") are accessible on the SEC's website at www.sec.gov and on Madison Asset Management's website at www.madisonfunds.com, and may discuss these or other factors that affect the Fund. The information contained on Madison Asset Management's website is not a part of this press release.