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

CHICAGO, Feb. 5 /PRNewswire-FirstCall/ --

Notification of Sources of Distribution

Distribution Period: January 2010

Distribution Amount Per Share of Common Stock: $0.065

The following table sets forth the estimated amounts of the current distribution, payable February 10, 2010, 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 or other capital source.  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
                                                   Total         the 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       0.035                54%            0.035             54%
    Net Realized
     Short Term
     Capital
     Gains        0.000                 0%            0.000              0%
    Net Realized
     Long Term
     Capital
     Gains        0.009                14%            0.009             14%
    Return of
     Capital or
     Other 
     Capital
    Source        0.021                32%            0.021             32%
              ---------------------------------------------------------------
    Total (per
     common
     share)       0.065               100%            0.065            100%
    
    
    
    Average annual total return* (in relation to NAV) for the 5 
    years ended January 29, 2010:                                   6.8%
    
    Annualized current distribution rate expressed as a percentage 
    of NAV as of January 29, 2010:                                 11.4%
    
    Cumulative total return (in relation to NAV) for the fiscal 
    year through January 29, 2010:                                 -4.6%
    
    Cumulative fiscal year distributions as a percentage of NAV 
    as of January 29, 2010:                                         1.0%

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."