Three Delaware Investments Closed End Funds Announce an Agreement for Sale of Delaware Investments

PHILADELPHIA, Aug. 19  /PRNewswire-FirstCall/ -- Today, Lincoln Financial Group (NYSE:LNC) announced that it signed a definitive stock purchase agreement to sell ownership of Delaware Management Holdings, Inc. and its subsidiaries  (also known by the marketing name of Delaware Investments), including Delaware Management Company, manager to the Delaware Investments  Family of Funds, to Macquarie Group, a global provider of banking, financial, advisory, investment and funds management services.  Delaware Management Company is a series of Delaware Management Business Trust, the investment adviser to Delaware Investments Dividend and Income Fund, Inc., Delaware Investments Global Dividend and Income Fund, Inc., and Delaware Enhanced Global Dividend and Income Fund (together, the "Funds").  In connection with this announcement, the Funds' Boards of Trustees/Directors (the "Board") will meet to consider:  (1) new investment management agreements between Delaware Management Company and the Funds; and (2) the submission of a proposal to the Funds' shareholders to approve the new investment management agreements.  The Funds will announce the Board's determinations in a future press release.

Delaware Investments Global Dividend and Income Fund, Inc.

Delaware Investments Global Dividend and Income Fund, Inc. is a diversified, closed-end fund that trades under the symbol "DGF" on the New York Stock Exchange. The Fund's primary investment objective is to seek to provide high current income. Capital appreciation is a secondary objective of the Fund. There is no assurance that the Fund will achieve its investment objectives.

Delaware Investments  Dividend and Income Fund, Inc.

Delaware Investments Dividend and Income Fund, Inc. is a diversified, closed-end fund that trades under the symbol "DDF" on the New York Stock Exchange. The Fund's primary investment objective is to seek to provide high current income. Capital appreciation is a secondary objective of the Fund.  There is no assurance that the Fund will achieve its investment objectives.

Delaware Enhanced Global Dividend and Income Fund

Delaware Enhanced Global Dividend and Income Fund is a diversified, closed-end fund that trades under the symbol "DEX" on the New York Stock Exchange.  The Fund's primary objective is to seek current income, with a secondary objective of capital appreciation.  There is no assurance that the Fund will achieve its investment objectives.

About Delaware Investments:

Delaware Investments, an affiliate of Lincoln Financial Group, is a Philadelphia-based diversified asset management firm with more than $120 billion in assets under management as of June 30, 2009. Through a broad range of managed accounts and portfolios, mutual funds, retirement accounts, sub-advised funds and other investment products, Delaware Investments provides investment services to individual investors and to institutional investors such as private and public pension funds, foundations, and endowment funds. Delaware Investments is the marketing name for Delaware Management Holdings, Inc. and its subsidiaries. For more information on Delaware Investments, visit the company at http://www.delawareinvestments.com/ or for shareholder related questions, call 800 523-1918. Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. For more information on Lincoln Financial Group, visit http://www.lincolnfinancial.com/. 

DATASOURCE: Delaware Investments



CONTACT:  Ayele Ajavon of Delaware Investments, Media Relations,

[phone], ; or Laurel O'Brien of Lincoln Financial

Group, Media Relations, [phone], 



Web Site:  http://www.delawareinvestments.com/ 

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