DNP Select Income Fund Inc. Section 19(a) Notice

CHICAGO, Aug. 5 /PRNewswire-FirstCall/ --

Notification of Sources of Distribution

Distribution Period: July 2008

Distribution Amount Per Share of Common Stock: $0.065

The following table sets forth the estimated amounts of the current
distribution, payable August 11, 2008, and the cumulative distributions paid
this fiscal year to date from the following sources: net investment income;
net realized short term capital gains; net realized long term capital gains;
and return of capital or other capital source. All amounts are expressed per
share of common stock based on U.S. generally accepted accounting principles,
which may differ from federal income tax regulations.

Total % Breakdown of
Cumulative the Total
Distribution Cumulative
% Breakdown of for the Fiscal Distributions
Current the Current Year to for the Fiscal
Distribution ($) Distribution Date ($) Year to Date

Net
Investment
Income... 0.033 51% 0.241 53%
Net Realized
Short Term
Capital
Gains.... 0.000 0% 0.000 0%
Net Realized
Long Term
Capital
Gains.... 0.000 0% 0.000 0%
Return of
Capital or
Other Capital
Source... 0.032 49% 0.214 47%
Total (per
common
share)... 0.065 100% 0.455 100%

Average annual total return* (in relation to NAV) for the 5 years ended
July 31, 2008: 13.1%
Annualized current distribution rate expressed as a percentage of NAV as
of July 31, 2008: 9.0%
Cumulative total return (in relation to NAV) for the fiscal year through
July 31, 2008: -10.2%
Cumulative fiscal year distributions as a percentage of NAV as of July 31,
2008: 5.2%
You should not necessarily draw any conclusions about the Fund's
investment performance from the amount of this distribution.
The Fund estimates that it has distributed more than its income and
capital gains; therefore, a portion of your distribution may be a return of
capital. A return of capital may occur, for example, when some or all of the
money that you invested in the Fund is paid back to you. A return of capital
distribution does not necessarily reflect the Fund's investment performance
and should not be confused with "yield" or "income."
The amounts and sources of distributions reported in this Notice are only
estimates and are not being provided for tax reporting purposes. The actual
amounts and sources of the amounts for tax reporting purposes will depend upon
the Fund's investment experience during the remainder of the fiscal year and
may be subject to changes based on tax regulations. The Fund will send you a
Form 1099-DIV for the calendar year that will tell you how to report these
distributions for federal income tax purposes.
DNP Select Income Fund Inc. (NYSE: DNP) is a closed-end diversified
investment management company. The Fund's primary investment objectives are
current income and long-term growth of income. The Fund seeks to achieve
these objectives by investing primarily in a diversified portfolio of equity
and fixed income securities of companies in the public utilities industry.
For more information, visit the Fund's website at
http://www.dnpselectincome.com or call the Fund at (800) 864-0629.
*Simple arithmetic average of each of the past five annual returns.
SOURCE DNP Select Income Fund Inc.

Joseph C. Curry, Jr., +1-502-588-8602, or Dianna P. Wengler, +1-502-588-8603,
or Timothy P. Riordan, +1-502-588-1786, all for DNP Select Income Fund Inc.