LND Brasilagro Cia Brasileira De Propriedades Agricolas

PHILADELPHIA, June 16 /PRNewswire-FirstCall/ -- Lincoln National Income Fund, Inc. (NYSE:LND) (the "Fund") today announced the completion of its reorganization into Delaware Corporate Bond Fund ("Corporate Bond Fund"), an open-end series of Delaware Group Income Funds. The reorganization was approved by the Fund's shareholders at a Special Meeting of Shareholders held on June 1, 2006. The transaction, which is structured as a tax-free reorganization, entailed (i) the acquisition of all of the assets of the Fund by Corporate Bond Fund in exchange for Class A shares of Corporate Bond Fund and (ii) the pro rata distribution of such shares to the Fund's shareholders in exchange for their shares of the Fund. From this point forward, the Fund will no longer trade or be listed on the New York Stock Exchange, and the Fund's corporate existence will be liquidated and dissolved. For the three months after today's closing, former Fund shareholders who redeem or exchange shares of Corporate Bond Fund received in connection with the transaction will pay a 2% redemption fee. Questions regarding the exchange of shares in connection with the transaction should be directed to Corporate Bond Fund's transfer agent, Delaware Service Company, at 1-800-523-1918. The Fund was a closed-end, non-diversified investment management company managed by Delaware Management Company. Delaware Management Company is a series of Delaware Management Business Trust, a subsidiary of Lincoln National Corporation. The Fund's primary objective was to seek to produce increasing dollar amounts of income for distribution to its shareholders over the long term. As of June 15, 2006, the Fund had total assets of approximately $91.1 million. DATASOURCE: Delaware Investments CONTACT: Ayele Ajavon, Corporate Communications of Delaware Investments, +1-215-255-1632, , or Laurel O'Brien, Corporate Communications of Delaware Investments, +1-215-255-1520, Web site: http://www.delawareinvestments.com/

Copyright