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Strategic Global Income Fund, Inc. –Distribution Declaration And Portfolio Statistics

Strategic Global Income Fund, Inc. (the "Fund") (NYSE: SGL), a non-diversified, closed-end management investment company seeking a high level of current income as a primary objective and capital appreciation as a secondary objective through investments in US and foreign debt securities, today announced that the Fund’s Board of Directors declared a regular monthly distribution of $0.0561 per share, of which $0.0045 is characterized as short-term capital gains and the remainder of which ($0.0516 per share) will be characterized pursuant to tax regulations in January 2013. The distribution is payable on April 30, 2012 to shareholders of record as of April 19, 2012. The ex-dividend date is April 17, 2012.

The Fund adopted a managed distribution policy (“Policy”) in May 1998. Pursuant to the Policy as currently in effect, the Fund makes regular monthly distributions at an annualized rate equal to 6% of the Fund’s net asset value, determined as of the last day on which the New York Stock Exchange is open for trading during the first week of that month. (Pursuant to the Policy with respect to distributions paid from August 2009 through May 2011, the annualized rate had been 7%.)

The Fund’s Board receives recommendations from UBS Global Asset Management (Americas) Inc., the Fund’s investment advisor, periodically and no less frequently than annually will reassess the annualized percentage of net assets at which the Fund’s monthly distributions will be made. The Fund’s Board may change or terminate the managed distribution policy at any time without prior notice to Fund shareholders; any such change or termination may have an adverse effect on the market price for the Fund’s shares.

To the extent that the Fund’s taxable income in any fiscal year exceeds the aggregate amount distributed based on a fixed percentage of its net asset value, the Fund would make an additional distribution in the amount of that excess near the end of the fiscal year. To the extent that the aggregate amount distributed by the Fund based on a fixed percentage of its net asset value exceeds its current and accumulated earnings and profits, the amount of that excess would constitute a return of capital or net realized capital gains for tax purposes. A return of capital may occur, for example, when some or all of the money that shareholders invested in the Fund is deemed to be paid back to shareholders. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income.”

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