AKP Alliance California Municipal Income Fund

NEW YORK, Dec. 30, 2016 /PRNewswire/ -- On December 22, 2016, AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB) and Alliance California Municipal Income Fund, Inc. (NYSE: AKP) issued a press release announcing distribution rates and related dates.  The Funds seek to clarify that the payment date for such distributions will be January 20, 2017.  The information in the body of the December 22, 2016 press release, revised to reflect the appropriate payment date, is repeated below:

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SOURCE AllianceBernstein L.P.