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Cohen & Steers Worldwide Realty Income Fund, Inc. (NYSE: RWF)
Series CUSIP Number Number of Shares Amount Redemption Redeemed Redeemed Date M7 19248J209 180 $4,500,000 November 25, 2008 W28 19248J308 180 $4,500,000 November 26, 2008
Cohen & Steers Advantage Income Realty Fund, Inc. (NYSE: RLF)
Series CUSIP Number Number of Shares Amount Redemption Redeemed Redeemed Date M 19247W201 221 $5,525,000 November 25, 2008 W 19247W300 221 $5,525,000 November 25, 2008 TH 19247W409 180 $4,500,000 November 25, 2008 F28 19247W508 191 $4,775,000 November 26, 2008 T7 19247W607 229 $5,725,000 November 26, 2008
Cohen & Steers Premium Income Realty Fund, Inc. (NYSE: RPF)
Series CUSIP Number Number of Shares Amount Redemption Redeemed Redeemed Date M 19247V203 199 $4,975,000 November 25, 2008 T 19247V302 199 $4,975,000 November 26, 2008 F 19247V401 199 $4,975,000 November 24, 2008 TH 19247V500 199 $4,975,000 November 26, 2008 M28 19247V609 170 $4,250,000 November 26, 2008 W28 19247V708 282 $7,050,000 November 26, 2008
Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI)
Series CUSIP Number Number of Shares Amount Redemption Redeemed Redeemed Date T 19247L205 246 $6,150,000 November 26, 2008 TH 19247L304 246 $6,150,000 November 25, 2008 F 19247L403 246 $6,150,000 November 24, 2008 W 19247L502 246 $6,150,000 November 26, 2008 M28 19247L601 212 $5,300,000 November 26, 2008 M7 19247L700 331 $8,275,000 November 25, 2008
Cohen & Steers REIT and Utility Income Fund, Inc. (NYSE: RTU)
Series CUSIP Number Number of Shares Amount Redemption Redeemed Redeemed Date M7 19247Y207 59 $1,475,000 November 25, 2008 T7 19247Y306 59 $1,475,000 November 26, 2008 W7 19247Y405 59 $1,475,000 November 25, 2008 TH7 19247Y504 59 $1,475,000 November 25, 2008 F7 19247Y603 59 $1,475,000 November 24, 2008 T28 19247Y702 52 $1,300,000 November 26, 2008 F28 19247Y801 52 $1,300,000 November 26, 2008 T7-2 19247Y850 65 $1,625,000 November 26, 2008 M28 19247Y876 38 $950,000 November 25, 2008 W28 19247Y884 52 $1,300,000 November 26, 2008
The firm continues to evaluate ways to provide liquidity to our funds' AMPS holders, and will keep all shareholders informed as further information regarding AMPS redemptions becomes available. For more information and periodic updates, please visit www.cohenandsteers.com.
About Cohen & Steers
Cohen & Steers is a manager of income-oriented equity portfolios specializing in U.S. and international real estate securities, large cap value stocks, utilities and listed infrastructure, and preferred securities. The company also offers alternative investment strategies such as hedged real estate securities portfolios and private real estate multimanager strategies. Headquartered in New York City, with offices in London, Brussels, Hong Kong and Seattle, Cohen & Steers serves individual and institutional investors through a broad range of investment vehicles.
* Redemptions will be allocated among participating broker/dealers by the Depository Trust Company using a predetermined methodology, and each broker/dealer allocates the redeemed shares to the underlying beneficiaries according to its own procedures.
Forward-Looking Statements
This press release and other statements that Cohen & Steers may make may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the company's current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates" or the negative versions of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties.
Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. The company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.
The following factors, among others, could cause actual results to differ materially from forward-looking statements: (1) the ability of Cohen & Steers and the Cohen & Steers closed-end funds that have issued AMPS to develop and finalize fund-by-fund specific proposals to restructure the leverage of such funds; (2) the need for such Cohen & Steers funds to obtain formal fund-by-fund approval from the funds' Board of Directors for certain types of specific proposals as they are developed and finalized; (3) the ability of such Cohen & Steers funds to negotiate and obtain from third parties the necessary debt facilities and other commitments and agreements necessary for the Cohen & Steers funds to refinance all or a portion of their leverage on terms and conditions acceptable to the funds and in a timely manner; (4) the effects of changes in market and economic conditions, including higher costs and expenses associated with refinancing; (5) other legal and regulatory developments; and (6) other additional risks and uncertainties.
SOURCE Cohen & Steers
http://www.cohenandsteers.com
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