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[DELAWARE INVESTMENTS LOGO]

                                                              2005 Market Street
                                                     Philadelphia, PA 19103-7094

FOR IMMEDIATE RELEASE

      THREE DELAWARE INVESTMENTS CLOSED END FUNDS ANNOUNCE AN AGREEMENT FOR
                          SALE OF DELAWARE INVESTMENTS

PHILADELPHIA,  August 19, 2009 - Today,  Lincoln  Financial  Group  (NYSE:  LNC)
announced that it signed a definitive stock purchase agreement to sell ownership
of Delaware  Management  Holdings,  Inc. and its subsidiaries (also known by the
marketing name of Delaware Investments),  including Delaware Management Company,
manager to the Delaware  Investments(R)Family  of Funds,  to Macquarie  Group, a
global provider of banking, financial, advisory, investment and funds management
services.  Delaware  Management  Company  is a  series  of  Delaware  Management
Business  Trust,  the investment  adviser to Delaware  Investments  Dividend and
Income Fund, Inc.,  Delaware  Investments Global Dividend and Income Fund, Inc.,
and Delaware  Enhanced Global Dividend and Income Fund (together,  the "Funds").
In connection with this  announcement,  the Funds' Boards of  Trustees/Directors
(the "Board") will meet to consider:  (1) new investment  management  agreements
between Delaware  Management  Company and the Funds; and (2) the submission of a
proposal to the Funds'  shareholders  to approve the new  investment  management
agreements. The Funds will announce the Board's determinations in a future press
release.

Delaware Investments Global Dividend and Income Fund, Inc.
Delaware  Investments  Global  Dividend and Income Fund,  Inc. is a diversified,
closed-end  fund  that  trades  under  the  symbol  "DGF" on the New York  Stock
Exchange.  The Fund's  primary  investment  objective is to seek to provide high
current income. Capital appreciation is a secondary objective of the Fund. There
is no assurance that the Fund will achieve its investment objectives.

Delaware Investments  Dividend and Income Fund, Inc.
Delaware Investments Dividend and Income Fund, Inc. is a diversified, closed-end
fund that  trades  under the symbol  "DDF" on the New York Stock  Exchange.  The
Fund's primary  investment  objective is to seek to provide high current income.
Capital appreciation is a secondary objective of the Fund. There is no assurance
that the Fund will achieve its investment objectives.

Delaware Enhanced Global Dividend and Income Fund
Delaware  Enhanced Global Dividend and Income Fund is a diversified,  closed-end
fund that  trades  under the symbol  "DEX" on the New York Stock  Exchange.  The
Fund's primary objective is to seek current income,  with a secondary  objective
of capital  appreciation.  There is no assurance  that the Fund will achieve its
investment objectives.

About Delaware Investments:
Delaware   Investments,   an  affiliate  of  Lincoln   Financial   Group,  is  a
Philadelphia-based diversified asset management firm with more than $120 billion
in assets under management as of June 30, 2009. Through a broad range of managed
accounts and portfolios,  mutual funds,  retirement accounts,  sub-advised funds
and other investment products, Delaware Investments provides investment services
to  individual  investors  and to  institutional  investors  such as private and
public pension funds, foundations,  and endowment funds. Delaware Investments is
the marketing name for Delaware Management Holdings,  Inc. and its subsidiaries.
For  more   information   on   Delaware   Investments,   visit  the  company  at
www.delawareinvestments.com  or for  shareholder  related  questions,  call  800
523-1918.  Lincoln  Financial  Group is the marketing name for Lincoln  National
Corporation  (NYSE:  LNC) and its  affiliates.  For more  information on Lincoln
Financial Group, visit www.lincolnfinancial.com.

                                     --###-

Media Contact:     Ayele Ajavon                      Laurel O'Brien
                   Media Relations                   Media Relations
                   Delaware Investments              Delaware Investments
                   215 255-1632                      484 583-1735
                   AAjavon@delinvest.com             Laurel.OBrien@lfg.com


Delaware  Investments  is the marketing name for Delaware  Management  Holdings,
Inc. and its subsidiaries.

www.delawareinvestments.com

785866-2