NEW YORK, March 27 /PRNewswire-FirstCall/ -- ACM Income Fund, Inc. (NYSE: ACG) and ACM Managed Income Fund, Inc. (NYSE:AMF) (the "Funds") today announce changes to the Funds' respective portfolio managers. Mr. Gershon Distenfeld has replaced Mr. Michael Snyder as one of the persons primarily responsible for the day-to-day management of the Funds' investment portfolios. For ACM Income Fund, each of Messrs. Andrew Aran, Paul DeNoon, Douglas Peebles and Kewjin Yuoh continues to act in that capacity. For ACM Managed Income Fund, each of Messrs. Mark Hamilton and Kewjin Yuoh continues to act in that capacity. The Funds are closed-end U.S.-registered management investment companies advised by AllianceBernstein L. P. DATASOURCE: ACM Income Fund, Inc.; ACM Managed Income Fund, Inc. CONTACT: Shareholder Contact, 1-800-221-5672 Web site: http://www.alliancecapital.com/

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