Castle Convertible Fund, Inc. Declares Dividend JERSEY CITY, N.J., May 20 /PRNewswire-FirstCall/ -- On May 11, 2004, the Board of Directors of Castle Convertible Fund, Inc., a closed-end investment company managed by Fred Alger Management, Inc., declared a dividend of $0.19 per share to shareholders of record on June 30, 2004 payable July 12, 2004. Contact: Frederick A. Blum Executive Vice President Fred Alger Management, Inc. (201) 547-3600 DATASOURCE: Castle Convertible Fund, Inc. CONTACT: Frederick A. Blum, Executive Vice President, Fred Alger Management, Inc., +1-201-547-3600

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