Managed High Yield Plus Fund Inc. Announces Record Date for 2007 Annual Meeting of Shareholders

  
    
  
  
    
      The board of directors of Managed High Yield Plus Fund Inc. (NYSE:HYF) 
      has set Friday, July 20, 2007 as the record date for determination of 
      the shareholders entitled to vote at the Fund’s 
      annual meeting of shareholders, to be held on Thursday, September 20, 
      2007. The matter to be considered at the annual meeting is the election 
      of directors.