Brigitta Herzfeld Joins Management Team at Thomas J. Herzfeld Advisors, Inc.

Tue Dec 23, 2008 4:02pm EST

* Reuters is not responsible for the content in this press release.

  MIAMI, FL, Dec 23 (MARKET WIRE) -- 
Thomas J. Herzfeld Advisors, Inc. is pleased to announce that Brigitta
Herzfeld (30), daughter of firm's founder and chairman, has joined the
firm. Her focus will be Asian and emerging market closed-end funds, but
she will also be involved in research and operations, including duties
related to The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA).

    Brigitta is a graduate of Bowdoin College (BA, Government and Legal
Studies), Singapore Management University (Asian Executive Management
Program), Stanford University (MA, East Asian Studies) and the
Massachusetts Institute of Technology, Sloan School of Management (MBA).

    Prior to joining Thomas J. Herzfeld Advisors, Inc. she worked at the
investment banking firms of Goldman Sachs and Lehman Brothers, Japan.
Brigitta is the author of Buying Asia at a Discount, published in the
Guru's Corner, CBS MarketWatch (2004) and she spent many summers as an
intern in the family business while attending school.

    Thomas J. Herzfeld Scheduled to Appear on The Nightly Business Report

    Thomas J. Herzfeld, the founder and president of Thomas J. Herzfeld
Advisors, Inc. is scheduled to appear on "The Nightly Business Report"
with Paul Kangas on December 26, 2008. The show airs on local PBS
stations.

    About the Firm

    Thomas J. Herzfeld Advisors, Inc. specializes in the field of closed-end
funds. The company provides discretionary account management services to
trade closed-end funds for clients and publishes a monthly research report
on the industry, The Investor's Guide to Closed-End Funds. Information
about the company and the Herzfeld Caribbean Basin Fund can be found at
www.herzfeld.com.

    The Herzfeld Caribbean Basin Fund, Inc. is a closed-end fund managed by
HERZFELD/CUBA a division of Thomas J. Herzfeld Advisors, Inc. (based in
Miami). The Fund seeks long-term capital appreciation. To achieve its
objective the Fund invests in issuers that are likely, in the Advisor's
view, to benefit from economic, political, structural and technological
developments in the countries in the Caribbean Basin, which the Fund
considers to consist of Cuba, Jamaica, Trinidad and Tobago, the Bahamas,
the Dominican Republic, Barbados, Aruba, Haiti, the Netherlands Antilles,
the Commonwealth of Puerto Rico, Mexico, Honduras, Guatemala, Belize,
Costa Rica, Panama, Colombia, Venezuela and the United States.

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For further information contact:
Cecilia L. Gondor
305-271-1900

Thomas J. Herzfeld Advisors, Inc.
PO Box 161465
Miami, FL 33116
www.herzfeld.com

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