DNP Select Income Fund Inc. Section 19(a) Notice

CHICAGO, June 7  /PRNewswire-FirstCall/ -- 

  Notification of Sources of Distribution

  Distribution Period:                              May 2007

  Distribution Amount Per Share of Common Stock:      $0.065



The following table sets forth the estimated amounts of the current distribution, payable June 11, 2007, and the cumulative distributions paid this fiscal year to date from the following sources:  net investment income; net realized short term capital gains; net realized long term capital gains; and return of capital.  All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles, which may differ from federal income tax regulations.

                                                              % Breakdown of
                                                                 the Total
                                              Total Cumulative    Cumulative
                                               Distributions   Distributions
                                 % Breakdown      for the          for the
                    Current      of the Current  Fiscal Year     Fiscal Year
                Distribution($)   Distribution    to Date ($)      to Date

  Net Investment
    Income           0.030          46%             0.172           53%
  Net Realized
    Short Term
    Capital Gains    0.000           0%             0.000            0%
  Net Realized
    Long Term
    Capital Gains    0.000           0%             0.000            0%
  Return of
    Capital          0.035          54%             0.153           47%
  Total (per
    common share)    0.065         100%             0.325          100%


  Average annual total return (in relation to NAV) for the 5 years ended May
  31, 2007:*        13.7%

  Annualized current distribution rate expressed as a percentage of NAV as
  of May 31, 2007:   7.4%


  Cumulative total return (in relation to NAV) for the fiscal year through
  May 31, 2007:      8.4%

  Cumulative fiscal year distributions as a percentage of NAV as of May 31,
  2007:              3.1%




You should not necessarily draw any conclusions about the Fund's investment performance from the amount of this distribution.

The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital.  A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you.  A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."

The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.  The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of the fiscal year and may be subject to changes based on tax regulations.  The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report those distributions for federal income tax purposes.

*Simple arithmetic average of each of the past five annual returns. 

DATASOURCE: DNP Select Income Fund Inc.



CONTACT:  Joseph C. Curry, Jr., [phone], or Dianna P. Wengler,

[phone], or Timothy P. Riordan, [phone], all of DNP Select

Income Fund Inc.



Web site:  http://www.dnpselectincome.com/ 

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