SCHEDULE 14A INFORMATION
                  PROXY STATEMENT PURSUANT TO SECTION 14(a) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

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         14a-6(e)(2))

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     [ ] Soliciting Material Pursuant to (ss.) 240.14a-11c) or (ss.) 240.14a-12

                            Global Income Fund, Inc.
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                (Name of Registrant as Specified In Its Charter)

    (Name of Person(s) Filing Proxy Statement if other than the Registrant)

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Notes:



                            GLOBAL INCOME FUND, INC.
                                11 Hanover Square
                               New York, NY 10005


                 ISS RECOMMENDS A VOTE "FOR" PROPOSALS 1 AND 2.

        YOUR VOTE NOW WILL HELP REDUCE EXPENSES OF FURTHER SOLICITATION.


                                                November 14, 2006


Dear Fellow Stockholder:

     The Annual Meeting of Global Income Fund has been adjourned until December
4, 2006 at 9:15 a.m. to allow time to solicit additional proxies. According to
our latest records, we have not received your vote for this important meeting.
Regardless of the number of shares you own, it is important that they are
represented and voted at the meeting.

     Importantly, Institutional Shareholder Services ("ISS"), which analyzes
more than 30,000 proxy statements annually and is the world's leading provider
of proxy voting and corporate governance solutions to the institutional
marketplace, has recommended a "FOR" vote for Global Income Fund's proposal
number 1 and "FOR" proposal number 2. Regarding proposal number 2, we quote ". .
.. ISS deems it advisable and in the interests of the Fund and its shareholders
to so amend the Fund's charter."

     Additionally, your Board of Directors unanimously recommends that you vote
"FOR" each proposal on the meeting agenda for the reasons set forth in the Proxy
Statement.

            PLEASE VOTE NOW BY CALLING THE TOLL FREE TELEPHONE NUMBER
      LISTED IN THE ACCOMPANYING MATERIAL SUPPLIED BY YOUR BANK, BROKER OR
                            FINANCIAL ADVISOR OR CALL
                                 1-866-470-3300
                     FOR ASSISTANCE WITH VOTING YOUR SHARES.

     Thank you for your cooperation and continued support.


                                               Sincerely,
                                               /s/Thomas B. Winmill
                                               Thomas B. Winmill
                                               President