TCW Strategic Income Fund Declares Quarterly Distribution

LOS ANGELES, CA, Jun 16 (MARKET WIRE) --
TCW Strategic Income Fund, Inc. (NYSE: TSI) announced that its Board of
Directors declared a quarterly distribution of $0.0635. The distribution
is payable on July 10, 2009 to shareholders of record on June 30, 2009.

The distribution is based on the managed distribution policy which is to
make a quarterly distribution equal to 7% per annum of the Fund's prior
year-end net asset value per share. It is estimated that substantially all
of the dividend will be from net income. Distribution policies are a
matter of Board discretion and may be modified or terminated at any time
without prior notice.

TSI is a closed-end fund listed on the New York Stock Exchange. The Fund
began operations in March 1987 and currently has net assets of
approximately $187 million.

Various matters discussed in this news release constitute forward-looking
statements within the meaning of the federal securities laws. Actual
results and the timing of certain events could differ materially from
those projected or contemplated by these forward-looking statements due
to a number of factors, including general economic conditions, overall
availability of certain types of securities for investment by the Fund,
the level of volatility in the securities markets and in the share price
of the Fund, and other risk factors outlined in the Fund's SEC Filings.

Contact:

TCW Strategic Income Fund, Inc.
Myles Bozinovski
(213) 244-0959

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