SOURCE: The New America High Income Fund, Inc.

December 17, 2010 17:00 ET

The New America High Income Fund, Inc. Declares Dividends

BOSTON, MA--(Marketwire - December 17, 2010) - The New America High Income Fund, Inc. (the "Fund") (NYSE: HYB) announced today the following dividends:

Type   Dividend   Ex-Dividend Date   Record Date   Payment Date
                 
Special   $0.310   12/29/10   12/31/10   1/31/11
Regular   $0.065   2/10/11   2/14/11   2/28/11

In addition, the Fund announced that it has released updated 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, 2010, T. Rowe Price and its affiliates managed approximately $439.7 billion of assets, including approximately $17.1 billion of "high yield" investments. T. Rowe Price has provided investment advisory services to investment companies since 1937.

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