SOURCE: The New America High Income Fund, Inc.

March 01, 2007 09:22 ET

The New America High Income Fund, Inc. Declares Dividend

BOSTON, MA -- (MARKET WIRE) -- March 1, 2007 -- The New America High Income Fund, Inc. (the "Fund") (NYSE: HYB) announced today that it will pay a dividend of $.0175 per share on the company's common stock on March 30, 2007 to common shareholders of record as of the close of business on March 16, 2007. The ex-dividend date will be March 14th.

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. As of June 30, 2006, T. Rowe Price and its affiliates managed approximately $294 billion of assets, including approximately $9.7 billion of "high yield" investments. T. Rowe Price Associates has provided investment advisory services to investment companies since 1937.

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