Portfolio Manager Steps Down from Delaware Investments Global Dividend and Income Fund, Inc. Delaware Investments Dividend and Income Fund, Inc.

PHILADELPHIA, July 31 /PRNewswire-FirstCall/ -- Today, DelawareInvestments Global Dividend and Income Fund, Inc. and Delaware InvestmentsDividend and Income Fund, Inc. (the "Funds"), New York StockExchange-listed closed-end funds trading under the symbols "DGF" and "DDF"respectively, announced that Jordan L. Irving will no longer serve asportfolio manager to the Funds in order to pursue other opportunitieswithin Delaware Investments. The existing portfolio management team of D. Tysen Nutt, Jr., AnthonyA. Lombardi, Robert A. Vogel, Jr., Nikhil G. Lalvani, Nashira S. Wynn, ZoeA. Neale, Edward A. "Ned" Gray, Todd A. Bassion, Philip R. Perkins, ThomasH. Chow, Babak Zenouzi and Damon J. Andres will continue to manage DelawareInvestments Global Dividend and Income Fund, Inc. The existing portfolio management team of Mr. Nutt, Mr. Lombardi, Mr.Vogel, Mr. Lalvani, Ms Wynn, Mr. Chow, Mr. Zenouzi and Mr. Andres willcontinue to manage Delaware Investments Dividend and Income Fund, Inc. Delaware Investments Global Dividend and Income Fund, Inc. Delaware Investments Global Dividend and Income Fund, Inc. is adiversified, closed-end fund that trades under the symbol "DGF" on the NewYork Stock Exchange. The Fund's primary investment objective is to seek toprovide high current income. Capital appreciation is a secondary objectiveof the Fund. There is no assurance that the Fund will achieve itsinvestment objective. Delaware Investments Dividend and Income Fund, Inc. Delaware Investments Dividend and Income Fund, Inc. is a diversified,closed-end fund that trades under the symbol "DDF" on the New York StockExchange. The Fund's primary investment objective is to seek to providehigh current income. Capital appreciation is a secondary objective of theFund. There is no assurance that the Fund will achieve its investmentobjective. About Delaware Investments: Delaware Investments, an affiliate of Lincoln Financial Group, is aPhiladelphia-based diversified asset management firm with more than $160billion in assets under management as of June 30, 2007. Through a broadrange of managed accounts and portfolios, mutual funds, retirementaccounts, sub- advised funds, education savings plans and other investmentproducts, Delaware Investments provides investment services to individualinvestors and to institutional investors such as private and public pensionfunds, foundations, and endowment funds. Delaware Investments is themarketing name for Delaware Management Holdings, Inc. and its subsidiaries.For more information on Delaware Investments, visit the company athttp://www.delawareinvestments.com. Lincoln Financial Group is the marketing namefor Lincoln National Corporation (NYSE: LNC) and its affiliates. For moreinformation on Lincoln Financial Group, visit http://www.lfg.com .