More Information Contact:                    Mary Ann Susco
                                             Corporate Communications
                                             J. & W. Seligman & Co. Incorporated
                                             (212) 850-1382
                                             suscom@jwseligman.com
Stockholder Contact:
                                             Marco Acosta
                                             (212) 850-1333
                                             acostam@jwseligman.com

Stockholders of Seligman LaSalle International Real Estate Fund, Inc.(NYSE: SLS)
        Approve New Advisory, Subadvisory and Delegation Agreements But
              Special Meeting of Stockholders Further Adjourned to
                               November 13, 2008 to
              Solicit Votes in Respect of the Election of Directors

NEW YORK, October 28, 2008 - Today,  Seligman LaSalle  International Real Estate
Fund, Inc. (the "Corporation")  (NYSE: SLS) held an adjourned Special Meeting of
Stockholders  (the  "Meeting")  in New  York,  New York and  announced  that the
Corporation's   stockholders  approved  a  new  investment  management  services
agreement   between   the   Corporation   and   RiverSource   Investments,   LLC
("RiverSource"),  a subsidiary of Ameriprise Financial,  Inc., a new subadvisory
agreement between  RiverSource and LaSalle Investment  Management  (Securities),
L.P., and a new  delegation  agreement  between  LaSalle  Investment  Management
(Securities),   L.P.  and  LaSalle   Investment   Management   Securities   B.V.
(collectively, the "Agreements").

Although the Agreements  have been approved by the  Corporation's  stockholders,
the  effectiveness  of  the  Agreements  is  contingent  on the  closing  of the
acquisition  of  the  Corporation's  current  manager,  J. & W.  Seligman  & Co.
Incorporated  by  RiverSource  (the  "Acquisition"),  as  described in the proxy
statement,  dated August 12, 2008.  The  Acquisition is expected to occur in the
fourth quarter 2008.

Although more than 47% of outstanding  shares  (representing at least 93% of all
votes  received to date) have voted to elect ten directors to the  Corporation's
Board,  none of the directors has received a majority of all outstanding  shares
as required by the Corporation's Bylaws.  Accordingly,  with respect only to the
proposal  relating to the election of directors of the Corporation,  the Meeting
has been adjourned to 9:30 a.m. on November 13, 2008 (the  "Adjourned  Meeting")
at the offices of Corporation,  100 Park Avenue,  8th Floor,  New York, New York
10017.

This adjournment will provide additional time for the Corporation's solicitation
of  proxies  to  elect  the   Board's   recommendations   for   directors.   The
director-nominees  are as follows:  Kathleen Blatz,  Arne H. Carlson,  Pamela G.
Carlton,  Patricia M. Flynn, Anne P. Jones,  Jeffrey Laikind,  Stephen R. Lewis,
Jr.,  Catherine  James  Paglia,  Alison  Taunton-Rigby  and William F.  Truscott
(collectively,  the "Nominees").  Mses. Blatz, Carlton and



Taunton-Rigby  and Mr. Truscott have been nominated for election to the class of
Directors  whose term will expire at the annual  meeting to be held in 2009, Ms.
Jones and Mr. Carlson have been nominated for election to the class of Directors
whose term will expire at the annual meeting to be held in 2010, and Mses. Flynn
and Paglia and Messrs. Laikind and Lewis have been nominated for election to the
class of  Directors  whose term will expire at the annual  meeting to be held in
2011, and (in each case) until their successors are elected and qualify. Messrs.
Leroy C.  Richie and John F. Maher will  continue to serve as  Directors  of the
Corporation  after the  Acquisition,  which would result in an overall  increase
from ten  Directors  to 12  Directors  of the  Corporation  if the  Nominees are
elected.  If the Acquisition does not take place for any reason, the size of the
Board  would not be  increased,  the  Nominees  (if  elected)  will not serve as
Directors of the Corporation,  and the current Directors of the Corporation will
continue to serve as Directors of the Corporation.

The close of business on July 17, 2008 is the record date for the determination
of stockholders entitled to notice of, and to vote at, the Adjourned Meeting or
any adjournment or postponement thereof, in respect of the proposal relating to
the election of directors of the Corporation.

The net asset value of shares may not always correspond to the market price of
such shares. Shares of many closed-end funds frequently trade at a discount from
their net asset value. The Corporation is subject to stock market risk, which is
the risk that stock prices overall will decline over short or long periods,
adversely affecting the value of an investment in the Corporation.

Investments in real estate securities may be subject to specific risks, such as
risks to general and local economic conditions, and risks related to individual
properties. Investing in one economic sector, such as real estate, may result in
greater price fluctuations than owning a portfolio of diversified investments.

You should consider the investment objectives, risks, charges, and expenses of
the Corporation carefully before investing. You can obtain the Corporation's
most recent periodic reports, when available, and other regulatory filings by
contacting your financial advisor or Seligman Services, Inc. at 800-597-6068.
These reports and other filings can also be found on the Securities and Exchange
Commission's EDGAR Database. You should read these reports and other filings
carefully before investing.

There is no guarantee that the Corporation's investment goals/objectives will be
met, and you could lose money.