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DNP Select Income Fund Declares Dividends

February 20, 2008

Chicago

The Board of Directors of DNP Select Income Fund Inc. (NYSE: DNP) today declared dividends of 6.5 cents per share on its common stock, payable on April 10, 2008, May 12, 2008 and June 10, 2008 to shareholders of record at the close of business on March 31, 2008, April 30, 2008 and May 30, 2008, respectively.

DNP Select Income Fund Inc. is a closed-end diversified investment management company.  The Fund’s primary investment objectives are current income and long-term growth of income.  The Fund seeks to achieve these objectives by investing primarily in a diversified portfolio of equity and fixed income securities of companies in the public utilities industry.  For more information, visit the Fund’s website at www.dnpselectincome.com or call the Fund at (800) 864-0629.

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Source:              DNP Select Income Fund Inc.

Contacts:

Joseph C. Curry, Jr.      (502) 588-8602
Dianna P. Wengler  (502) 588-8603
Timothy P. Riordan (502) 588-1786

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