Results of Special Meeting of Stockholders

On October 15, 2008, a Special Meeting of Stockholders
of Cornerstone Strategic Value Fund, Inc. was held
and the following matter was voted upon based on
27,116,390 shares of common stock outstanding on
August 18, 2008:

To approve a one-for-four reverse stock split of the
Fund's issued and outstanding shares of common stock
and the Amendment to the Articles of Incorporation.

For		Against			Abstain
18,127,847	5,121,816		401,958

For additional information, please the below link:

http://www.sec.gov/Archives/edgar/data/814083/
000090901208000927/t304532.txt