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Seligman LaSalle International Real Estate Fund
Announces Second Quarter Distribution
J. & W. Seligman & Co. Incorporated
New York, June 6, 2008 -- The Board of Directors of Seligman LaSalle International Real Estate Fund (NYSE: SLS) today declared a second quarter distribution of $0.4375 per share, equal to 1.75% of the Fund's $25.00 initial offering price. The distribution will be paid on June 12, 2008 to Stockholders of record on June 16, 2008. Shares of the Fund will be offered "ex-dividend" on June 12, 2008. Unless they have elected otherwise, Stockholders will receive all of their distribution in additional shares.
Seligman LaSalle International Real Estate Fund is a closed-end investment company that trades on the New York Stock Exchange. Its primary investment objective is long-term capital appreciation, with current income as a secondary objective.
The Fund is sub-advised by LaSalle Investment Management (Securities) L.P. and LaSalle Investment Management Securities B.V. (together, “LaSalle Securities”). LaSalle Securities is a leading real estate securities manager and an operationally independent subsidiary of Jones Lang LaSalle Incorporated, a leading global property services company.
About the Fund’s Investment Manager
J. & W. Seligman & Co. Incorporated, a New York-based investment manager and advisor, was founded in 1864. In addition to providing management and advisory services to institutional clients, the firm and its affiliates provide individuals a broad array of investment options, including the US-based Seligman Group of Funds with more than 50 portfolios. Additionally, the firm manages Tri-Continental Corporation, which is traded on the New York Stock Exchange, and a range of offshore investments available exclusively for non-US investors. J. & W. Seligman & Co. Incorporated has an additional office in Palo Alto, California. Seligman Advisors, Inc. is the principal underwriter for the Seligman mutual funds. Seligman Services, Inc. provides client services to shareholders. Seligman Advisors, Inc. and Seligman Services, Inc. are members of FINRA and are each an affiliate of J. & W. Seligman & Co. Incorporated.
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