Real Estate Income Fund Inc. Announces Dividend NEW YORK, June 8 /PRNewswire-FirstCall/ -- Real Estate Income Fund Inc., which is listed on the New York Stock Exchange under the symbol "RIT," announced today a dividend of $0.1090 per common share. The dividend distribution schedule for the months of June, July and August 2004 appear below: Ex-dividend Record Payable June 06/18/04 06/22/04 06/25/04 July 07/23/04 07/27/04 07/30/04 August 08/20/04 08/24/04 08/27/04 Real Estate Income Fund Inc., a non-diversified investment management company, is advised by Citi Fund Management Inc., an affiliate of Citigroup Inc., and is sub-advised by AEW Management and Advisors, L.P. DATASOURCE: Real Estate Income Fund Inc. CONTACT: Brenda Grandell, Director Closed End Mutual Funds, Citigroup Asset Management, +1-212-291-3775, for Real Estate Income Fund Inc.

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