Alpine Global Premier Properties Fund Announces Its Next Three Monthly Dividend Payments...

Alpine Global Premier Properties Fund Announces Its Next Three Monthly
Dividend Payments at the Current $0.1267 Per Share
Quarterly Conference Call Set For September 5, 2008

PURCHASE, N.Y., Sept. 2 /PRNewswire-FirstCall/ -- The Board of Trustees of
the Alpine Global Premier Properties Fund (NYSE: AWP) today announced the next
three monthly distributions of ordinary income at the current $0.1267 per
share for October, November, and December. Today's announcement is in keeping
with the Board's historical practice of declaring dividends at three-month
intervals. The following dates apply to today's distribution declaration:

Ex-Distribution Date Record Date Payable Date

October 23, 2008 October 27, 2008 October 31, 2008
November 19, 2008 November 21, 2008 November 28, 2008
December 22, 2008 December 24, 2008 December 30, 2008

The Alpine Global Premier Properties Fund has made cumulative
distributions of $1.90 since its April 26, 2007 inception.
The Fund's lead manager is Samuel Lieber, manager of the first public
mutual fund that focused primarily on investing internationally in real estate
related securities since that fund's 1989 inception. Mr. Lieber, the Alpine
real estate team and the co-managers of the Alpine Dynamic Dividend Fund
series, Jill K. Evans and Kevin Shacknofsky will provide insight and comments
on the next regularly scheduled quarterly conference call for investors on
September 5 at 2 PM. Call participant information is as follows:
DATE: Friday, September 5, 2008
TIME: 2:00 p.m. (EDT)
DIAL IN: 866-766-2749
ACCESS CODE: 1273619

More information about Alpine's closed-end fund's is available on
www.alpinecef.com. Information about Alpine and its ten open-end no-load funds
is available at www.alpinefunds.com.
Based in Westchester, New York, Alpine Woods Capital Investors was founded
in 1997, and together with its affiliated entities has over $9.3 billion in
assets under management, as of June 30, 2008.
This press release contains forward-looking statements that describe our
strategies and goals and our beliefs concerning future conditions and the
outlook for the Fund, based on currently available information. The Fund's
actual results could differ materially from those anticipated in the forward-
looking statements because of various risks and uncertainties, including the
factors set forth in the fund's prospectus, filed with the SEC on April 25,
2007, in the section headed "Risk Factors" and elsewhere in the prospectus.
You should carefully consider those Risk Factors and the other information in
the Fund's SEC filings before investing. The Alpine Global Premier Properties
Fund is a closed-end fund and does not continuously offer or redeem shares.
SOURCE Alpine Woods Capital Investors LLC

Marc R. Rappaport, Senior Managing Director of Alpine Woods Capital Investors
LLC, +1-914-251-0880