Seligman Select Municipal Fund, Inc. and Seligman Quality Municipal Fund, Inc. Declare July Income Dividend Distributions

NEW YORK, July 3  /PRNewswire-FirstCall/ -- Directors of Seligman Select Municipal Fund, Inc. (NYSE:SEL) today declared an income dividend of $0.04 per share, and Directors of Seligman Quality Municipal Fund, Inc. (NYSE:SQF) declared an income dividend of $0.041 per share. The dividends for each fund will be payable July 24, 2006 to its respective shareholders of record on July 14, 2006.  Shares of Seligman Select Municipal Fund, Inc. and Seligman Quality Municipal Fund, Inc. will be offered "ex-dividend" on July 12, 2006.

J. & W. Seligman & Co. Incorporated, a New York-based investment manager and advisor, was founded in 1864. In addition to providing management and advisory services to institutional clients, the firm and its affiliates provide individuals a broad array of investment options, including the US- based Seligman Group of Funds with more than 50 portfolios. Additionally, the firm manages Tri-Continental Corporation, which is traded on the New York Stock Exchange, and a range of offshore investments available exclusively for non-US investors.  J. & W. Seligman & Co. Incorporated has an additional office in Palo Alto, California.

You should consider the investment objectives, risks, charges, and expenses of a Fund carefully before investing. You can obtain the Fund's most recent annual, semi-annual and quarterly reports by contacting your financial advisor or Seligman Services, Inc. at 800-597-6068. These reports and other information are also available on the Securities and Exchange Commission's EDGAR Database. 

DATASOURCE: J. & W. Seligman & Co. Incorporated



CONTACT:  MEDIA CONTACT - Mary Ann Susco, [phone],

; or SHAREHOLDER CONTACT - Marco Acosta, 1-800-597-6068,

Option #1, 

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