Nuveen to Host Conference Call on Closed-End Fund Market

Nuveen Investments, a leading global provider of investment services to institutions and high-net-worth investors today announced it will host a conference call at 4:00 p.m. Central Time on Thursday, October 23, 2008, to discuss the closed-end fund market including auction-rate preferred securities.

Nuveen anticipates high call volume and encourages attendees to access the call via the live streaming audio link. Attendees can access the teleconference on Nuveens Web site, www.nuveen.com/cef, or at http://w.on24.com/r.htm?e=124396&s=1&k=5C5D9368D923BFDDAD368C1DEE7CBE2 2. (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) Online participants will be able to submit questions. Attendees who prefer to participate by phone can access the call by dialing (888) 562-3356 or (212) 729-5043 and referencing conference ID number 70362299. Attendees participating by phone will not be able to submit questions during the question-and-answer portion of the call. However, all participants may submit questions in advance of the call via the following e-mail address closedendfundcommunications@nuveen.com.

A replay of the call will be available beginning shortly following the call through November 6, 2008. To access the replay, please visit the closed-end fund section of the companys website at www.nuveen.com/cef. Those who prefer to listen to the replay by phone can dial (800) 642-1687 or (706) 645-9291, and enter the conference ID number 70362299. Call information and updates will be posted on Nuveens new auction-rate preferred resource center at www.nuveen.com/arps.

Nuveen Investments provides high quality investment services designed to help secure the long-term goals of institutions and high net worth investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets its growing range of specialized investment solutions under the high-quality brands of HydePark, NWQ, Nuveen, Rittenhouse, Santa Barbara, Symphony and Tradewinds. In total, the Company managed $152 billion of assets on June 30, 2008.

Contacts:

NUVEEN INVESTMENTS
MEDIA CONTACT:
KATHLEEN CARDOZA
312-917-7813
KATHLEEN.CARDOZA@NUVEEN.COM
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