ACM Managed Dollar, Inc.me Fund (ADF)

Hi World, A Note From the Board of Directors concerning this funds Redeption..thus adding Value to some degree. the Fund's Board of Directors has fixed the 12-week period ending Friday, May 2, 2008, as the measurement period for purposes of determining whether the Fund will conduct a tender offer for shares of its common stock. As provided in the Prospectus, and subject to the conditions and limitations described therein, the Fund will conduct an annual tender offer for its shares during the second quarter of each year if, during a 12-week period "prior to a date designated by the Directors no later than the end of the (first) calendar quarter," the Fund's shares have traded at an average discount from net asset value of 3% or more determined on the basis of the discount or premium as of the last trading day in each week during the 12-week period. As of the close of trading on February 1, 2008, the Fund's shares were trading at a discount to net asset value of 10.34%.