Lazard Global Total Return and Income Fund Confirms New Distribution

  Lazard Global Total Return and Income Fund Confirms New Distribution

Business Wire

NEW YORK -- January 2, 2013

Lazard Global Total Return and Income Fund, Inc. (the “Fund”) (NYSE:LGI) is
confirming today, pursuant to its level distribution policy, as previously
authorized by its Board of Directors, a monthly distribution of $0.09073,
equivalent to 6.25% of the Fund’s net asset value per share as of the close of
markets on December 30, 2012 on the Fund’s outstanding common stock. The next
distribution is payable January 23, 2013 to shareholders of record on January
11, 2013. The ex-dividend date is January 9, 2013.

The Fund’s objective is total return, consisting of capital appreciation and
current income. The Fund seeks to achieve its objective by primarily investing
in a portfolio of approximately 35 to 45 equity securities with a market
capitalization of at least $5 billion at the time of purchase that are
domiciled in those countries that comprise the MSCI World Index. The Fund
seeks enhanced income by investing in short duration (typically below one
year) emerging market forward currency contracts and other emerging market
debt instruments.

An indirect subsidiary of Lazard Ltd (NYSE: LAZ), LAM, the Fund’s investment
manager, offers a range of equity, fixed-income, and alternative investment
products worldwide. As of September 30, 2012, LAM and affiliated asset
management companies in the Lazard Group managed $160 billion worth of client
assets. For more information about LAM, please go to www.LazardNet.com.

Contact:

Lazard Global Total Return and Income Fund, Inc.
Media:
Judi Mackey, +1 212-632-1428
judi.mackey@lazard.com
or
Investor:
Ben Wulfsohn, +1 800-823-6300
ben.wulfsohn@lazard.com