The Board of Trustees of The Gabelli Global Gold, Natural Resources & Income Trust (Amex:GGN) declared
monthly cash distributions of $0.14 per share for April, May, and June 2007.
The distribution for April 2007 will be payable on April 24, 2007 to shareholders of record on
April 16, 2007.
The distribution for May 2007 will be payable on May 24, 2007 to shareholders of record on May 16, 2007.
The distribution for June 2007 will be payable on June 25, 2007 to shareholders of record on June 15, 2007.
The Fund intends to make regular monthly cash distributions of all or a portion of its investment company
taxable income (which includes ordinary income and realized short-term capital gains) to common shareholders.
The Fund also intends to make annual distributions of its net realized long-term capital gains. Various
factors will affect the level of the Fund's income, such as its asset mix and use of covered call strategies.
To permit the Fund to maintain more stable monthly distributions, the Fund may from time to time distribute
more or less than the entire amount of income earned in a particular period. Because the Fund's distribution
policy is subject to modification by the Board of Trustees at any time and the Fund's income will fluctuate,
there can be no assurance that the Fund will pay distributions at a particular rate. Each quarter, the Board
of Trustees will review the amount of any potential distribution and the income, capital gains, or capital
Long-term capital gains, qualified dividend income, ordinary income, and paid-in capital, if any, will be
allocated on a pro-rata basis to all distributions to common shareholders for the year. As of February 26,
2007, the date of this press release, each of the distributions paid in 2007 would include approximately 2%
from net investment income and 98% from net capital gains. The estimated components of each distribution are
provided to shareholders of record in a notice accompanying the distribution and are available on our website
(www.gabelli.com). The final determination of the sources of all distributions in 2007 will be made after
year-end, and can vary from the quarterly estimates. All shareholders with taxable accounts will receive
written notification regarding the components and tax treatment for all 2007 distributions in early 2008 via
The Gabelli Global Gold, Natural Resources & Income Trust is a non-diversified, closed-end management investment
company with $448 million in total assets whose primary investment objective is to provide a high level of
current income. The Fund invests primarily in equity securities of gold and natural resources companies and
intends to earn income primarily through a strategy of writing (selling) covered call options on equity securities
in its portfolio. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (NYSE:GBL),
which is a publicly traded NYSE listed company.