NEW YORK, Sept. 13 /PRNewswire-FirstCall/ -- The Board of Directors of Castle Convertible Fund, Inc. (AMEX:CVF), a closed-end investment company managed by Fred Alger Management, Inc., declared a dividend of $0.17 per share to shareholders of record on September 30, 2005, payable October 17, 2005. Contact: Frederick A. Blum Executive Vice President Fred Alger Management, Inc. (201) 547-3600 DATASOURCE: Fred Alger Management, Inc. CONTACT: Frederick A. Blum, Executive Vice President of Fred Alger Management, Inc., +1-201-547-3600

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