AllianceBernstein Global High Income Fund, Inc. Reports Fourth Quarter Earnings

NEW YORK, May 29 /PRNewswire-FirstCall/ — AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF), a registered closedend investment company, today announced earnings for the fourth quarter ended March 31, 2009.

Total net assets of the Fund on March 31, 2009 were $731,002,503, as compared with $722,734,695 on December 31, 2008 and $1,054,558,569 on March 31, 2008. On March 31, 2009 the net asset value per share was $9.58 based on 76,336,108 shares outstanding.

March 31, 2009 December 31, 2008 March 31, 2008
————– —————– ————–

Total Net Assets $731,002,503 $722,734,695 $1,054,558,569
NAV Per Share $9.58 $9.47 $13.81
Shares Outstanding 76,336,108 76,336,108 76,336,108

For the period January 1, 2009 through March 31, 2009, total net investment income was $19,321,208 or $0.25 per share. The total net realized and unrealized gain was $10,126,782 or $0.13 per share for the same period.

Fourth Quarter Third Quarter Fourth Quarter
Ended Ended Ended
March 31, 2009 December 31, 2008 March 31, 2008
————– —————– ————–
Total Net Investment
Income $19,321,208 $19,739,402 $20,288,547
Per Share $0.25 $0.26 $0.27

Total Net Realized/
Unrealized Gain/(Loss) $10,126,782 ($170,322,444) ($38,180,812)
Per Share $0.13 ($2.23) $(0.50)

AllianceBernstein Global High Income Fund, Inc. is managed by AllianceBernstein L.P.

SOURCE AllianceBernstein Global High Income Fund, Inc.