Strategic Global Income Fund, Inc. -- Distribution Characteristics for March 2008

NEW YORK--(Business Wire)--
Strategic Global Income Fund, Inc. (the "Fund") (NYSE: SGL), a
non-diversified, closed-end management investment company seeking a
high level of current income as a primary objective and capital
appreciation as a secondary objective through investments in US and
foreign debt securities, today announced its distribution
characteristics for the month of March 2008.

On March 10, 2008, the Fund's Board of Directors declared a
regular monthly distribution of $0.0775 per share. This distribution
is payable March 31, 2008 to shareholders of record as of March 20,
2008. The ex-dividend date was March 18, 2008.

The Fund adopted a managed distribution policy in May 1998, which
was revised effective January 2000 and again in May 2005. Pursuant to
the policy as currently in effect, the Fund makes regular monthly
distributions at an annualized rate equal to 8% of the Fund's net
asset value, as determined as of the last day on which the New York
Stock Exchange is open for trading during the first week of that
month. The Fund's Board will reassess no less frequently than annually
the annualized percentage of net assets at which the Fund's monthly
distributions will be made. The Fund's Board may change or terminate
the managed distribution policy at any time; any such change or
termination may have an adverse effect on the market price for the
Fund's shares.

To the extent that the Fund's taxable income in any fiscal year
exceeds the aggregate amount distributed based on a fixed percentage
of its net asset value, the Fund would make an additional distribution
in the amount of that excess near the end of the fiscal year. To the
extent that the aggregate amount distributed by the Fund based on a
fixed percentage of its net asset value exceeds its current and
accumulated earnings and profits, the amount of that excess would
constitute a return of capital or net realized capital gains for tax
purposes.

Based on information available at this time, Strategic Global
Income Fund, Inc. estimates that net investment income, excluding
short-term capital gains, is the source of approximately 100% of the
March distribution of $0.0775 per share. Additionally, for the Fund's
current fiscal period which began on December 1, 2007 through March
31, 2008, it is currently estimated that net investment income is the
source of approximately 92% of its regular monthly aggregate
distributions of $0.3068 per share, and short-term capital gains is
the source of approximately 8% of its regular monthly aggregate
distributions. These are only estimates, however, and are subject to
change.

The actual sources of the Fund's distributions may be net
investment income, net realized capital gains, return of capital or a
combination of the foregoing and may be subject to retroactive
recharacterization at the end of the Fund's fiscal year based on tax
regulations. The actual amounts attributable to each of these sources
will be reported to shareholders in January 2009 on Form 1099-DIV.

As of February 29, 2008, the Fund had estimated distributions in
excess of net investment income of $465,157.

UBS Global Asset Management Closed-End Funds Desk,
888-793 8637

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