The Spain Fund, Inc. Distribution Declaration

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Share Name	Share Symbol	Market	Type
Diversified Healthcare Trust	TG:SNF	Tradegate	Ordinary Share

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	2.8675	2.814	2.906				0.00	13:25:30

The Spain Fund, Inc. Distribution Declaration

20/06/2006 10:06pm

PR Newswire (US)

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NEW YORK, June 20 /PRNewswire-FirstCall/ -- The Spain Fund, Inc. (NYSE: SNF), a closed-end management investment company, declared on this date, June 20, 2006, a quarterly distribution of $0.275 per share of Common Stock, payable on July 7, 2006 to shareholders of record at the close of business on June 30, 2006. Ex-date will be June 28, 2006. The quarterly distribution is in accordance with the Fund's policy of paying a quarterly distribution amounting to at least 2.5% of its net asset value, and constitutes exactly that amount. The Spain Fund, Inc. is managed by AllianceBernstein L.P. DATASOURCE: The Spain Fund, Inc. CONTACT: Shareholder Contact for The Spain Fund, Inc., 1-800-221-5672 Web site: http://www.alliancebernstein.com/