SPE - Special Opportunities Fund Inc. Dividend Declaration

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a quarterly cash dividend on the Fund’s 3.50% Convertible Preferred Stock, Series B.

The dividend is payable on September 28, 2018 to holders of record as of September 19, 2018, at the rate of $0.21875 per share.

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