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Month-End Performance Data Now Available for Neuberger Berman's Closed-End Funds

NEW YORK, May 12, 2008 (BUSINESS WIRE) -- Performance data as of April 30, 2008, for the Neuberger Berman
Closed-End Funds listed below is now available. The information will
be posted to Neuberger Berman's Web site at www.nb.com/closedendfunds.

Fund Name                                                Ticker Symbol
----------------------------------------------------------------------
Neuberger Berman Intermediate Municipal Fund Inc.        (AMEX: NBH)
----------------------------------------------------------------------
Neuberger Berman California Intermediate Municipal Fund  (AMEX: NBW)
 Inc.
----------------------------------------------------------------------
Neuberger Berman New York Intermediate Municipal Fund    (AMEX: NBO)
 Inc.
----------------------------------------------------------------------
Neuberger Berman Dividend Advantage Fund Inc.            (AMEX: NDD)
----------------------------------------------------------------------
Neuberger Berman Income Opportunity Fund Inc.            (AMEX: NOX)
----------------------------------------------------------------------
Neuberger Berman Real Estate Securities Income Fund Inc. (AMEX: NRO)
----------------------------------------------------------------------

Neuberger Berman Management Inc., the Funds' investment manager,
is a subsidiary of Neuberger Berman Inc., an investment advisory
company serving individuals, families, and taxable and non-taxable
institutions with a broad range of investment products, services and
strategies. A Lehman Brothers company, Neuberger Berman engages in
wealth management services including private asset management, tax and
financial planning, and personal and institutional trust services; and
mutual funds, institutional management and alternative investments.
For further information about Neuberger Berman please visit
www.nb.com.

Lehman Brothers (ticker symbol: LEH), an innovator in global
finance, serves the financial needs of corporations, governments and
municipalities, institutional clients, and high-net-worth individuals
worldwide. Founded in 1850, Lehman Brothers maintains leadership
positions in equity and fixed income sales, trading and research,
investment banking, private investment management, asset management
and private equity. The Firm is headquartered in New York, with
regional headquarters in London and Tokyo, and operates in a network
of offices around the world. For further information about Lehman
Brothers' services, products and recruitment opportunities, visit the
Firm's Web site at www.lehman.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.

SOURCE: Neuberger Berman Management Inc.

Neuberger Berman
Investors:
877-461-1899

Copyright Business Wire 2008


 
 

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