Royce Value Trust, Inc. Declares Second Quarter Dividend on its 5.90% Cumulative Preferred Stock (NYSE - RVT.prb)

NEW YORK, May 26  /PRNewswire-FirstCall/ -- Royce Value Trust, Inc. has declared a cash dividend of $0.36875 per share on its 5.90% Cumulative Preferred Stock, based on an annual rate of 5.90% of the initial liquidation preference of $25.00 per share.  The dividend is to be paid on June 23, 2006, to stockholders of record at the close of business on June 6, 2006 (ex- dividend June 2, 2006).

The Preferred Stock, which trades on the New York Stock Exchange under the symbol "RVT.prb", is rated 'aaa' by Moody's and has an annual dividend rate of $1.475 per share.

The Fund expects to report a portion of the distribution as long-term capital gains for tax purposes.  Long-term capital gains will be allocated pro-rata to all distributions for the year.  The final determination of the source of all distributions in 2006 will be made at the end of the year.

Royce Value Trust, Inc. is a closed-end diversified management investment company whose shares of Common (NYSE - RVT) and Preferred Stock are listed and traded on the New York Stock Exchange. Its primary investment goal is long- term capital growth, which it seeks by investing at least 75% of its assets in equity securities primarily of small- and micro-cap companies.

For further information on The Royce Funds(SM), please visit our web site at: http://www.roycefunds.com/. 

DATASOURCE: Royce Value Trust, Inc.



CONTACT:  John D. Diederich, [phone] 



Web site:  http://www.roycefunds.com/ 

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