ACM Managed Dollar Income Fund， Inc. Reports Fourth Quarter Earnings

　　NEW YORK, Nov. 29 /PRNewswire-FirstCall/ -- ACM Managed Dollar Income Fund, Inc. (NYSE: ADF - News), a registered closed-end investment company, today announced earnings for the fourth quarter ended September 30, 2007.

    Total net assets of the Fund on September 30, 2007 were $161,316,894, as compared with $161,561,647 on June 30, 2007 and $168,449,285 on September 30, 2006. On September 30, 2007 the net asset value per share was $8.29 based on 19,469,017 shares outstanding.

    September 30, 2007 June 30, 2007 September 30, 2006 Total Net Assets $161,316,894 $161,561,647 $168,449,285 NAV Per Share $8.29 $8.30 $8.22 Shares Outstanding 19,469,017 19,469,017 20,493,702

    For the period July 1, 2007 through September 30, 2007, total net investment income was $2,326,976 or $0.12 per share. The total net realized and unrealized gain was $143,681 or $0.01 per share for the same period.

    Fourth Quarter Third Quarter Fourth Quarter Ended Ended Ended September 30, 2007 June 30, 2007 September 30, 2006 Total Net Investment Income $2,326,976 $2,901,104 $2,949,723 Per Share $0.12 $0.15 $0.14 Total Net Realized/ Unrealized Gain/(Loss) $143,681 ($4,262,292) $6,525,127 Per Share $0.01 ($0.22) $0.32 ACM Managed Dollar Income Fund, Inc. is managed by AllianceBernstein L.P.

    Source: ACM Managed Dollar Income Fund, Inc.