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Neuberger Berman Closed-End Intermediate Municipal Funds Announce Monthly Distributions

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Press Release

Neuberger Berman Closed-End Intermediate Municipal Funds Announce Monthly Distributions

Contact:

Neuberger Berman Management LLC. Investor Information, (877) 461-1899

NEW YORK, NY, November 15, 2013 The Boards of the three Neuberger Berman Closed-End Intermediate Municipal Funds have declared monthly distributions for the dates below. The Funds seek to provide income that is exempt from regular federal income tax. Additionally, Neuberger Berman California Intermediate Municipal Fund Inc. (NYSE Amex: NBW) seeks to provide income that is exempt from California personal income tax and Neuberger Berman New York Intermediate Municipal Fund Inc. (NYSE Amex: NBO) seeks to provide income that is exempt from New York State and New York City personal income tax. Distributions of the Funds may be subject to the federal alternative minimum tax for some stockholders. Each Fund’s distribution announced today is payable on December 16, 2013, has a record date of November 29, 2013 and an ex-date of November 26, 2013.