Prudential Short Duration High Yield Fund, Inc. Declares Regular Distribution for December 2012 and January, & February 2013 and

  Prudential Short Duration High Yield Fund, Inc. Declares Regular
  Distribution for December 2012 and January, & February 2013 and a Special
  Distribution

Business Wire

NEWARK, N.J. -- December 04, 2012

Prudential Short Duration High Yield Fund, Inc. (NYSE: ISD), declared today
monthly distributions of $0.1225 per common share for December 2012 and
January and February 2013, and a special distribution. The distribution
schedule and amounts appear below:

Declaration of Special Dividend:
                                                        
Month          Ex-Date          Record Date       Payable Date       Amount
December       12/17/2012       12/19/2012        12/31/2012         $0.1225
January        12/26/2012       12/28/2012        1/31/2013          $0.1225
February       2/19/2013        2/21/2013         2/28/2013          $0.1225

Declaration of Special Dividend:
                                            
Ex-Date          Record Date       Payable Date       Amount
12/17/2012       12/19/2012        12/31/2012         $0.095

This release is not for tax reporting purposes but is being provided to
announce the amount of the Fund’s distributions that have been declared by the
Board of Directors. In early 2013, after definitive information is available,
the Fund will send shareholders a Form 1099-DIV, if applicable, specifying how
the distributions paid by the Fund during the prior calendar year should be
characterized for purposes of reporting the distributions on a shareholder’s
tax return (e.g., ordinary income, long-term capital gain or return of
capital). If applicable, a current estimate of the distribution's composition
can be found in the Section 19 notice section of the website. Please consult
your tax advisor for further information.

Prudential Investments, the mutual fund and wealth management business of
Prudential Financial, Inc. (NYSE: PRU), oversees Prudential Mutual Funds,
which focuses on traditional mutual funds, separately managed accounts, and
Investment Only Defined Contribution businesses.

Prudential Investments also maintains two other business units, Wealth
Management Solutions and Strategic Investment Research Group.

Prudential Financial, Inc., a financial services leader with approximately
$1.005 trillion of assets under management as of September 30, 2012, has
operations in the United States, Asia, Europe, and Latin America. Prudential’s
diverse and talented employees are committed to helping individual and
institutional customers grow and protect their wealth through a variety of
products and services, including life insurance, annuities, retirement-related
services, mutual funds and investment management. In the U.S., Prudential’s
iconic Rock symbol has stood for strength, stability, expertise and innovation
for more than a century. For more information, please visit
http://www.news.prudential.com/.

The Fund invests in high yield (junk) bonds, which are subject to greater
credit and market risks; leveraging techniques, which may magnify losses and
increase portfolio expenses; derivative securities, which may carry market,
credit, and liquidity risks; foreign securities, which are subject to currency
fluctuation and political uncertainty; emerging markets, which are subject to
greater volatility and price declines; liquidity risk, which exists when
particular investments are difficult to sell; and small- and mid-cap issuers ,
which may be subject to more erratic price and market movements than large-cap
issuers. The Fund contains anti-takeover provisions that may delay, defer or
prevent a transaction or a change in control that might otherwise be in the
best interests of the stockholders. Fixed income investments are subject to
interest rate risk, where their value will decline as interest rates rise; and
credit risk, which is the inability to make timely principal and interest
payments. The Fund's net asset value may decline over time to the extent that
the Fund buys fixed income securities at a premium. The risks associated with
the Fund are more fully explained in the prospectus. These risks may increase
the Fund's share price volatility. There is no guarantee the Fund’s objective
will be achieved.

An investment in a closed-end fund’s common stock may be speculative in that
it involves a high degree of risk, should not constitute a complete investment
program, and may result in loss of principal. Each closed-end fund will have
its own unique investment strategy, risks, charges and expenses that need to
be considered before investing. The prospectus, which contains this and other
information about the Fund, should be read carefully before investing.

SIRG is a unit of Prudential Investments LLC, and a research unit of
Prudential Financial. SIRG provides research, analysis and due diligence on
investment management firms and the vehicles and strategies they offer. Wealth
Management Solutions is a division of Prudential Investments LLC, Newark, NJ,
a Prudential Financial company.

Prudential Fixed Income is a unit of Prudential Investment Management, a
registered investment adviser and Prudential Financial company. Prudential
Investments, Prudential, the Prudential logo, and the Rock symbol are service
marks of Prudential Financial, Inc. and its related entities, registered in
many jurisdictions worldwide.

Control Number: 0235804-00001-00

Contact:

Prudential Short Duration High Yield Fund, Inc.
Darrell Oliver,  973-802-9627
Darrell.Oliver@prudential.com