AllianceBernstein Global High Income Fund, Inc. Reports First Quarter Earnings

Fri. August 29, 2008; Posted: 04:06 PM

NEW YORK, Aug 29, 2008 /PRNewswire-FirstCall via COMTEX/ -- AWF | Quote | Chart | News | PowerRating -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF), a registered closed-end investment company, today announced earnings for the first quarter ended June 30, 2008.

Total net assets of the Fund on June 30, 2008 were $1,037,426,287 as compared with $1,054,558,569 on March 31, 2008 and $1,117,992,805 on June 30, 2007. On June 30, 2008 the net asset value per share was $13.59 based on 76,336,108 shares outstanding.

June 30, 2008 March 31, 2008 June 30, 2007 Total Net Assets $1,037,426,287 $1,054,558,569 $1,117,992,805 NAV Per Share $13.59 $13.81 $14.65 Shares Outstanding 76,336,108 76,336,108 76,336,108

For the period April 1, 2008 through June 30, 2008, total net investment income was $20,914,963 or $0.27 per share. The total net realized and unrealized loss was $17,436,494, or $0.23 per share for the same period.

First Quarter Fourth Quarter First Quarter Ended Ended Ended June 30, 2008 March 31, 2008 June 30, 2007 Total Net Investment Income $20,914,963 $20,288,547 $19,406,976 Per Share $0.27 $0.27 $0.25 Total Net Realized/ Unrealized Gain/(Loss) ($17,436,494) ($38,180,812) ($4,572,749) Per Share ($0.23) ($0.50) ($0.06)

AllianceBernstein Global High Income Fund, Inc. is managed by AllianceBernstein L.P.

SOURCE AllianceBernstein Global High Income Fund, Inc.

http://www.alliancebernstein.com/

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