The New America High Income Fund, Inc. Declares Dividend and Appoints Director

BOSTON, MA--(Marketwired - Nov 1, 2013) - The New America High Income Fund, Inc. (the "Fund") (NYSE: HYB) announced today that it will pay a dividend of $.065 per share on the company's common stock on November 29, 2013 to common shareholders of record as of the close of business on November 15, 2013. The ex-dividend date will be November 13th.

The Fund has released updated portfolio data which can be found on the Fund's web site at www.newamerica-hyb.com.

The Fund also announced that Stuart A. McFarland was appointed to the Board of Directors effective November 1, 2013. Mr. McFarland has many years of experience in the investment banking and investment management industries, including ongoing service on the boards of directors of other NYSE-listed registered closed-end funds and open-end funds.

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, 2013, T. Rowe Price and its affiliates managed approximately $647 billion of assets, including approximately $20 billion of "high yield" investments. T. Rowe Price has provided investment advisory services to investment companies since 1937.