Neuberger Berman Closed-End Intermediate Municipal Funds Announce Monthly Distributions

NEW YORK--(Business Wire)--
The Boards of the three Neuberger Berman Closed-End Intermediate Municipal Funds
have declared monthly distributions for the dates below. The Funds seek to
provide income that is exempt from regular federal income tax. Additionally,
Neuberger Berman California Intermediate Municipal Fund Inc. (AMEX: NBW) seeks
to provide income that is exempt from California personal income tax and
Neuberger Berman New York Intermediate Municipal Fund Inc. (AMEX: NBO) seeks to
provide income that is exempt from New York state and New York City personal
income tax. Distributions of the Funds may be subject to the federal alternative
minimum tax for some stockholders. Each Fund`s distribution announced today is
payable on September 15, 2009, has a record date of August 31, 2009 and an
ex-date of August 27, 2009.

The Funds will make the distributions described above in the following per share
amounts:

NBH Neuberger Berman Intermediate Municipal Fund Inc. $0.060
NBW Neuberger Berman California Intermediate Municipal Fund Inc. $0.059
NBO Neuberger Berman New York Intermediate Municipal Fund Inc. $0.059

In compliance with Section 19 of the Investment Company Act of 1940, as amended,
a notice would accompany any distribution that does not consist solely of net
investment income. This notice would be for informational purposes, and would
disclose, among other things, estimated portions of the distribution, if any,
consisting of net investment income, capital gains and return of capital.

Neuberger Berman Group LLC is one of the world`s largest private, independent
employee-controlled asset management companies. As of June 30, 2009, assets
under management were approximately $158 billion. Established in 1939, Neuberger
Berman is a leader in a broad range of global investment solutions - equity,
fixed income, and alternatives - to institutions and individuals though
customized separately managed accounts, mutual funds and alternative investment
products. For more information please visit our website at www.nb.com.

Statements made in this release that look forward in time involve risks and
uncertainties and are forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Such risks and uncertainties
include, without limitation, the adverse effect from a decline in the securities
markets or a decline in the Fund's performance, a general downturn in the
economy, competition from other closed end investment companies, changes in
government policy or regulation, inability of the Fund`s investment adviser to
attract or retain key employees, inability of the Fund to implement its
investment strategy, inability of the Fund to manage rapid expansion and
unforeseen costs and other effects related to legal proceedings or
investigations of governmental and self-regulatory organizations.

Neuberger Berman Management LLC
Investor Information
877-461-1899

Copyright Business Wire 2009

http://www.businesswire.com/news/home/20090817006000/en