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Stock Market & Financial Investment News

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December 7, 2012
14:29 EDTIFNIndia Fund announces special cash election distribution
The India Fund announced that the Fund's Board of Directors has declared a capital gain and net investment income distribution in the amount of $2.371234 per share. The capital gain portion of the distribution is comprised of long-term capital gains of $2.220834 per share. The net investment income portion of the distribution is $0.150400 per share. The distribution will be payable on January 31, 2013 to stockholders of record on December 21. The distribution will be paid in shares of the Fund's common stock. Stockholders may, however, request that their distribution be paid in cash in lieu of common stock. The Fund will limit the aggregate amount of cash to be paid out in the distribution to all stockholders to 20% of the aggregate dollar amount of the total distribution. Any cash paid in lieu of fractional shares will not count toward this limit. If cash distribution requests exceed this limit, the Fund will pro-rate the cash distribution among all stockholders who have made such requests, based on the amounts requested. Stockholders electing cash, who do not receive 100% of the distribution in cash, will receive the balance in shares of common stock of the Fund.
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