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Alpine Total Dynamic Dividend Fund And Alpine Global Dynamic Dividend Fund Declare Special Ordinary Income Dividend

The Board of Trustees of the Alpine Total Dynamic Dividend Fund (NYSE:AOD), and Alpine Global Dynamic Dividend Fund (NYSE:AGD) announced a special ordinary income dividend payment as follows:

    Alpine Total Dynamic Dividend Fund (AOD):     $0.01 per share
Alpine Global Dynamic Dividend Fund (AGD): $0.138 per share

Dates related to the distribution declaration for the Funds are as follows:

Ex-Distribution Date

   

Record Date

   

Payable Date

December 23, 2010 December 28, 2010 December 31, 2010

This special dividend distribution is in addition to the regular monthly dividend distribution which brings the total declared distributions for 2010 to:

    Alpine Total Dynamic Dividend Fund (AOD):     $1.06 per share
Alpine Global Dynamic Dividend Fund (AGD): $1.158 per share

More information about the Funds is available on www.alpinecef.com.

Based in Westchester, New York, Alpine Woods Capital Investors was founded in 1998.

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