ACM Managed Income Fund, Inc. Dividend Declaration

Apr 24, 2001, 01:00 ET from ACM Managed Income Fund, Inc.

    NEW YORK, April 24 /PRNewswire Interactive News Release/ -- ACM Managed
 Income Fund, Inc. (NYSE:   AMF), a closed-end management investment company,
 declared on this date, April 24, 2001, a monthly income dividend of $0.0425
 per share of Common Stock payable on May 18, 2001 to stockholders of record at
 the close of business on May 4, 2001.  Ex-date will be May 2, 2001.
     The $0.0425 per share dividend rate represents a reduction of $0.01 per
 share from the Fund's previous $0.0525 monthly dividend rate.  John D. Carifa,
 Chairman of the Fund, commented that, "the dividend reduction is intended to
 align the Fund's monthly dividend with its current and projected earning
 power."
 
     ACM Managed Income Fund, Inc. is managed by Alliance Capital Management
 L.P.
 
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SOURCE ACM Managed Income Fund, Inc.
    NEW YORK, April 24 /PRNewswire Interactive News Release/ -- ACM Managed
 Income Fund, Inc. (NYSE:   AMF), a closed-end management investment company,
 declared on this date, April 24, 2001, a monthly income dividend of $0.0425
 per share of Common Stock payable on May 18, 2001 to stockholders of record at
 the close of business on May 4, 2001.  Ex-date will be May 2, 2001.
     The $0.0425 per share dividend rate represents a reduction of $0.01 per
 share from the Fund's previous $0.0525 monthly dividend rate.  John D. Carifa,
 Chairman of the Fund, commented that, "the dividend reduction is intended to
 align the Fund's monthly dividend with its current and projected earning
 power."
 
     ACM Managed Income Fund, Inc. is managed by Alliance Capital Management
 L.P.
 
                     MAKE YOUR OPINION COUNT -- Click Here
                http://tbutton.prnewswire.com/prn/11690X17511083
 
 SOURCE  ACM Managed Income Fund, Inc.