Dreyfus Closed-End Municipal Bond Funds Announce Partial Redemptions of Auction Rate Preferred Secur

Dreyfus Closed-End Municipal Bond Funds Announce Partial Redemptions of Auction Rate Preferred Securities

NEW YORK--(BUSINESS WIRE)-- Each of Dreyfus Municipal Income, Inc. (NYX:DMF), Dreyfus Strategic Municipal Bond Fund, Inc. (NYS: DSM) and Dreyfus Strategic Municipals, Inc. (NYS: LEO) today called for the partial redemption, at par value on a pro-rata basis by series in the amounts and on the dates indicated below, of the Funds' auction rate preferred securities (ARPS).* The Board of each Fund previously had authorized the redemption of up to 25% of its outstanding ARPS.

DMF is redeeming $10 million of its currently outstanding $100 million of ARPS.

    

Series

Cusip#

Total Shares
Redeemed

Total Amount
Redeemed

Redemption
Date

A26201R201200$5,000,000March 10, 2010
B26201R300200$5,000,000March 12, 2010
 

DSM is redeeming $5.1 million of its currently outstanding $186 million of ARPS.

    

Series

Cusip#

Total Shares
Redeemed

Total Amount
Redeemed

Redemption
Date

A26202F20668$1,700,000March 9, 2010
B26202F30568$1,700,000March 11, 2010
C26202F40468$1,700,000March 8, 2010
 

LEO is redeeming $11.5 million of its currently outstanding $285 million of ARPS.

    

Series

Cusip#

Total Shares
Redeemed

Total Amount
Redeemed

Redemption
Date

M26193220692$2,300,000March 9, 2010
T26193230592$2,300,000March 10, 2010
W26193240492$2,300,000March 11, 2010
TH26193250392$2,300,000March 12, 2010
F26193260292$2,300,000March 8, 2010
 

Additional information relative to each Fund's ARPS can be accessed at http://www.dreyfus.com/ars.

* Redemptions will be allocated among participating broker-dealers by The DepositoryTrust Company using a predetermined methodology, and each broker-dealer will allocate the redeemed shares to the underlying beneficial owners according to its own procedures.



For Press Inquiries:
The Dreyfus Corporation
Patrice M. Kozlowski
(212) 922-6030
or
For Other Inquiries:
MBSC Securities Corporation
The National Marketing Desk
200 Park Avenue
New York, New York 10166
1-800-334-6899

KEYWORDS:   United States  North America  New York

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