DIVIDEND NOTICE
THE COMSTOCK FUNDS, INC. - COMSTOCK STRATEGY FUND

FOR IMMEDIATE RELEASE
Rye, New York
March 29, 2005

    There is no distribution for any of the classes of Comstock Strategy Fund this quarter.

    Distribution (per share)
    Class O (Fund# 1791) None
    Class A (Fund# 1789) None
    Class C (Fund# 1790) None

    The Comstock Funds are managed by Gabelli Funds, LLC and distributed by Gabelli & Company, Inc., subsidiaries of Gabelli Asset Management Inc., which is a publicly traded NYSE listed company.

    For further information call Bruce N. Alpert at 914-921-5105 or 1-800-GABELLI (1-800-422-3554).