Boulder Growth & Income Fund, Inc. Announces Location of Reconvened Annual Meeting of Stockholders

BOULDER, Colo.--(Business Wire)--
The Boulder Growth & Income Fund, Inc. (NYSE:BIF) announced that its reconvened
Annual Meeting of Stockholders will be held at 2344 Spruce Street, Suite A,
Boulder, Colorado at 9:00 A.M. local time on Friday, May 29, 2009. The
reconvened meeting will not include any new stockholder business; accordingly,
neither the Board of Directors nor the Fund`s portfolio managers anticipate
being in attendance. Under the Fund`s bylaws, only record date stockholders are
permitted to attend the meeting. On the day of the reconvened meeting, the Fund
may determine to adjourn the meeting again if it does not have sufficient votes
and additional solicitation time is needed.

In addition to the routine election of Directors, the Fund`s stockholders are
being asked to approve an amendment to the Fund`s charter to classify the Board
of Directors into three separate classes (Proposal 1). The Board of Directors,
including all of the independent Directors, unanimously recommends that
stockholders vote "FOR" Proposal 1. A copy of the proxy statement is available
on the Fund`s website at www.boulderfunds.net or by calling the Fund`s proxy
solicitor at 1-800-992-2856. Stockholders have a number of convenient means to
vote, including telephone, internet, and by mail. For questions regarding how to
vote your shares please call 1-800-992-2856.

Boulder Investment Advisers, LLC
Nicole Murphey, 303-449-0426

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