SOURCE: The New America High Income Fund, Inc.

September 04, 2007 09:29 ET

The New America High Income Fund, Inc. Declares Dividend

BOSTON, MA--(Marketwire - September 4, 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 September 28, 2007 to common shareholders of record as of the close of business on September 14, 2007. The ex-dividend date will be September 12th.

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 March 31, 2007, T. Rowe Price and its affiliates managed approximately $349.9 billion of assets, including approximately $10.6 billion of "high yield" investments. T. Rowe Price has provided investment advisory services to investment companies since 1937.

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