AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF), a registered closedend investment company, today announced earnings for the second quarter ended September 30, 2009.

Total net assets of the Fund on September 30, 2009 were $1,144,746,860, as compared with $876,066,571 on June 30, 2009 and $927,171,646 on September 30, 2008. On September 30, 2009 the net asset value per share was $13.44 based on 85,172,033 shares outstanding.

                   September 30, 2009 June 30, 2009 September 30, 2008
                   ------------------ ------------- ------------------

Total Net Assets       $1,144,746,860  $876,066,571       $927,171,646
NAV Per Share                  $13.44        $11.48             $12.15
Shares Outstanding         85,172,033    76,336,108         76,336,108

For the period June 1, 2009 through September 30, 2009, total net investment income was $25,783,821 or $0.30 per share. The total net realized and unrealized gain was $150,568,954 or $1.77 per share for the same period.

                          First Quarter Fourth Quarter      First Quarter
                                  Ended          Ended              Ended
                     September 30, 2009  June 30, 2009 September 30, 2008
                     ------------------  ------------- ------------------

Total Net Investment        $25,783,821    $20,361,320        $21,005,954
  Income
Per Share                         $0.30          $0.27              $0.28

Total Net Realized/        $150,568,954** $145,716,719      ($110,077,728)
 Unrealized Gain/(Loss)
Per Share                         $1.77          $1.91             ($1.44)

On September 25, 2009, AllianceBernstein Global High Income Fund, Inc. acquired all of the assets of ACM Managed Dollar Income Fund, Inc.

(** )The amount presented above represents the gain for the quarter in addition to unrealized appreciation of $4,515,708 from the merger with ACM Managed Dollar Income Fund, Inc.

AllianceBernstein Global High Income Fund, Inc. is managed by AllianceBernstein L.P.

SOURCE AllianceBernstein Global High Income Fund, Inc.