Gabelli Global Gold, Natural Resources & Income Trust Declares Monthly Distributions Of $0.14 Per Share

The Board of Trustees of The Gabelli Global Gold, Natural Resources & Income Trust (NYSE Amex:GGN) (the “Fund”) declared monthly cash distributions of $0.14 per share for July, August, and September 2010.

The distribution for July 2010 will be payable on July 23, 2010 to common shareholders of record on July 16, 2010.

The distribution for August 2010 will be payable on August 24, 2010 to common shareholders of record on August 17, 2010.

The distribution for September 2010 will be payable on September 23, 2010 to common shareholders of record on September 16, 2010.

Each quarter, the Board of Trustees reviews the amount of any potential distribution and the income, capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the financial market environment.

The Fund currently intends to make monthly cash distributions of all or a portion of its investment company taxable income (which includes ordinary income and realized net short-term capital gains) to common shareholders. The Fund also intends to make annual distributions of its realized net long-term capital gains, if any, and may make distributions constituting a return of capital. Various factors will affect the level of the Fund’s income, such as its asset mix and use of covered call strategies. To permit the Fund to maintain more stable distributions, the Fund may from time to time distribute more or less than the entire amount of income earned in a particular period. Because the Fund’s current monthly distributions are subject to modification by the Board of Trustees at any time and the Fund’s income will fluctuate, there can be no assurance that the Fund will pay distributions at a particular rate or frequency.

If the Fund does not generate sufficient earnings (dividends and interest income and realized net capital gain) equal to or in excess of the aggregate distributions paid by the Fund in a given year, then the amount distributed in excess of the Fund’s earnings would be deemed a non-taxable return of capital.