Dreyfus Municipal Bond Infrastructure Fund, Inc. Announces Variable Rate Muni Term Preferred Shares Actions

Dreyfus Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) announced today the extension of the term redemption date of the Fund's Series W-7 Variable Rate Muni Term Preferred Shares ("VMTPS") until February 1, 2021, as well as a reduction in the spread over the SIFMA Municipal Swap Index effective January 31, 2018. The Fund also announced that, effective February 1, 2018, the VMTPS would no longer be rated by Moody's Investor Services, Inc. The VMTPS continue to be rated AAA by Fitch Ratings, Inc.

This press release is neither an offer to sell nor a solicitation of an offer to buy the VMTPS. No VMTPS have been registered under the Securities Act of 1933, as amended (the "Securities Act") or any state securities laws. Unless so registered, no VMPTS may be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws, as well as subject to certain transfer restrictions.

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For Press Inquiries:The Dreyfus CorporationBenjamin Tanner212-635-8676orFor Other Inquiries:MBSC Securities CorporationThe National Marketing Desk200 Park AvenueNew York, New York 101661-800-334-6899