FPA New Income, Inc. 1st Quarter 2010 Conference Call

Tom Atteberry, a Partner of First Pacific Advisors, LLC and Chief Executive Officer & Portfolio Manager of FPA New Income, Inc. (Nasdaq: FPNIX), a mutual fund managed by FPA, and the FPA Core-Plus Fixed Income investment product, will hold a 1 ^st quarter 2010 conference call on Wednesday, May 5, 2010, at 1 p.m. PDT, to discuss the portfolios managed as well as his outlook on the economy and the market, and to answer questions, as time permits, which may be submitted online upon registration.

To register for the Webinar and to submit questions, please go to

https://www1.gotomeeting.com/register/764116624

For the audio portion only, please dial in as instructed below:

					USA (Toll-Free):				[phone]
					USA/International:				[phone]
					Participant Code:				1012006

First Pacific Advisors, LLC, based in Los Angeles, employs a disciplined, value-oriented investment approach in managing more than $13 billion for institutional and mutual fund investors. In addition to FPA New Income, Inc., FPA serves as investment adviser to four open-end mutual funds: FPA Capital Fund, Inc. (Nasdaq: FPPTX), FPA Funds Trust’s FPA Crescent Fund (Nasdaq: FPACX), FPA Paramount Fund, Inc. (Nasdaq: FPRAX) and FPA Perennial Fund, Inc. (Nasdaq: FPPFX); as well as one closed-end investment company, Source Capital, Inc. (NYSE: SOR). More information on FPA and the FPA Funds is available at www.fpafunds.com.