CHICAGO, Jan. 9, 2013 /PRNewswire/ --


    Notification of Sources of Distribution

    Distribution Period                                                                                                              December
                                                                                                                                                  2012

    Distribution Amount Per Share of Common Stock                                                                                               $0.065
                                                                                                                                                ------

    The following table sets forth the estimated amounts of the current distribution, payable January 10, 2013, and
    the cumulative distributions paid this fiscal year to date from the following sources: net investment income; net
    realized short term capital gains; net realized long term capital gains; and return of capital or other capital source.
    All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles,
    which may differ from federal income tax regulations.
                                                                                                            Current               % Breakdown           Total Cumulative          % Breakdown
                                                                                                       Distribution ($)          of the Current        Distributions for         of the Total
                                                                                                                                 Distribution           the Fiscal Year           Cumulative
                                                                                                                                                          to Date ($)          Distributions for
                                                                                                                                                                                the Fiscal Year
                                                                                                                                                                                    to Date
                                                                                                                                                                           ---
    Net Investment Income                                                                                                  0.039                  60%                    0.452                    58%
    Net Realized Long Term Capital Gains                                                                                   0.016                  25%                    0.320                    41%
    Return of Capital or Other Capital Source                                                                              0.010                  15%                    0.008                     1%
                                                                                                                           -----                 ---                     -----                   ---
    Total (per common share)                                                                                               0.065                 100%                    0.780                   100%

    Average annual total return* (in relation to NAV) for the 5 years ended on December 31, 2012                                                                                                 8.4%
                                                                                                                                                                                                 ---
    Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2012                                                                                                9.5%
                                                                                                                                                                                                 ---
    Cumulative total return (in relation to NAV) for the fiscal year through December 31, 2012                                                                                                   8.5%
                                                                                                                                                                                                 ---
    Cumulative fiscal year distributions as a percentage of NAV as of December 31, 2012                                                                                                          9.5%
                                                                                                                                                                                                 ---

    You should not necessarily draw any conclusions about the Fund's investment performance from the amount of this
    distribution.

    The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution
    may be a return of capital.  A return of capital may occur, for example, when some or all of the money that you invested
    in the Fund is paid back to you.  A return of capital distribution does not necessarily reflect the Fund's investment
    performance and should not be confused with "yield" or "income."

    The amounts and sources of distributions reported in this Notice areonlyestimates and are not being provided for tax
    reporting purposes.  The actual amounts and sources of the amounts for tax reporting purposes will depend upon the
    Fund's investment experience during the remainder of the fiscal year and may be subject to changes based on tax
    regulations.  The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these
    distributions for federal income tax purposes.

* Simple arithmetic average of each of the past five annual returns.

DNP Select Income Fund Inc. (NYSE: DNP) is a closed-end diversified investment management company. The Fund's primary investment objectives are current income and long-term growth of income. The Fund seeks to achieve these objectives by investing primarily in a diversified portfolio of equity and fixed income securities of companies in the public utilities industry. For more information, visit the Fund's website at www.dnpselectincome.com or call the Fund at (800) 864-0629.

SOURCE DNP Select Income Fund Inc.