Dreyfus Strategic Municipals, Inc. Interim Results for the Six-Month Period Ended March 31, 2009

DREYFUS STRATEGIC MUNICIPALS, INC. (NYSE:LEO) REPORTED THE FOLLOWING FINANCIAL INFORMATION FOR THE SIX-MONTH PERIOD ENDED MARCH 31, 2009 COMPARED WITH THE RESULTS FOR THE SIX-MONTH PERIOD ENDED MARCH 31, 2008:

SIX-MONTH PERIOD ENDED MARCH 31:

        
        
        
        
        
        
        
        
        
        
          2009
        
        
        
        
        
        
        
        
        
        
        
        
          

2008

        
      
      
        
          NET INVESTMENT INCOME
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
      
      
        
          TOTAL*
        
        
        
        
        
        
        
        
          $
        
        
          20,577,929
        
        
        
        
        
        
        
        
        
        
          $
        
        
          20,417,512
        
      
      
        
          PER SHARE (COMMON STOCK)
        
        
        
        
        
        
        
        
          $
        
        
          0.34
        
        
        
        
        
        
        
        
        
        
          $
        
        
          0.34
        
      
      
        
          NET INVESTMENT INCOME AFTER DIVIDENDS
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
      
      
        
          PAID TO PREFERRED SHAREHOLDERS
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
      
      
        
          TOTAL
        
        
        
        
        
        
        
        
          $
        
        
          17,704,970
        
        
        
        
        
        
        
        
        
        
          $
        
        
          15,054,773
        
      
      
        
          PER SHARE (COMMON STOCK)
        
        
        
        
        
        
        
        
          $
        
        
          0.29
        
        
        
        
        
        
        
        
        
        
          $
        
        
          0.25
        
      
      
        
          NET ASSET VALUE AT END OF PERIOD
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
      
      
        
          NET OF PREFERRED STOCK
        
        
        
        
        
        
        
        
          $
        
        
          440,842,168
        
        
        
        
        
        
        
        
        
        
          $
        
        
          524,623,490
        
      
      
        
          PREFERRED STOCK OUTSTANDING
        
        
        
        
        
        
        
        
          $
        
        
          285,000,000
        
        
        
        
        
        
        
        
        
        
          $
        
        
          285,000,000
        
      
      
        
          PER SHARE (COMMON STOCK)
        
        
        
        
        
        
        
        
          $
        
        
          7.25
        
        
        
        
        
        
        
        
        
        
          $
        
        
          8.64
        
      
      
        
          NET ASSET VALUE AT BEGINNING OF PERIOD
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
      
      
        
          NET OF PREFERRED STOCK
        
        
        
        
        
        
        
        
        
        
          478,586,472
        
        
        
        
        
        
        
        
        
        
          $
        
        
          553,598,267
        
      
      
        
          PREFERRED STOCK OUTSTANDING
        
        
        
        
        
        
        
        
          $
        
        
          285,000,000
        
        
        
        
        
        
        
        
        
        
          $
        
        
          285,000,000
        
      
      
        
          PER SHARE
        
        
        
        
        
        
        
        
          $
        
        
          7.88
        
        
        
        
        
        
        
        
        
        
          $
        
        
          9.12
        
      
    
    

* Net Investment Income is based on U.S. generally accepted accounting principles. Income distributions are determined in accordance with income tax regulations, which may differ from U.S. generally accepted accounting principles.