The Funds management will conduct a corporate update conference call to discuss the liquidation and
dissolution and the matters described in this press release on April 3, 2019 at 8:00 a.m. (Eastern time). Participants are encouraged to
pre-register
for the conference call using the following link.
Callers who
pre-register
will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may
pre-register
at any time, including up to and after the call start time.
To
pre-register,
go to:
http://dpregister.com/10130105
.
Those without internet access or unable to
pre-register
may dial in by calling:
Global Toll: 1-412-317-5413
USA Toll Free: 1-866-777-2509
An audio webcast will also be
available for this call and can be accessed via the following link:
https://services.choruscall.com/links/abmac190403.html
.
For those who are
unavailable to listen to the live broadcast, a replay will be available shortly after the call for seven days, and can be accessed by dialing 1-877-344-7529 or 1-412-317-0088 Replay Code: 10130105.
About Altaba
Altaba is an independent, publicly traded,
non-diversified,
closed-end
management investment company registered under the Investment Company Act of 1940. The Funds assets primarily consist of a substantial
position in Alibaba, which has become one of the worlds largest online retailers.
Prior to June 16, 2017, Altaba was known as Yahoo!
Inc. Altaba was created from Yahoo! Inc. after the sale of its operating businesses, at which time Yahoo! Inc. reorganized as an investment company, was renamed Altaba Inc., and began trading under the Nasdaq ticker symbol AABA.
Visit
www.altaba.com
for more information.
Investor
Relations and Media Contact:
Abernathy MacGregor
Alan
Oshiki
212-371-5999
altaba@abmac.com
Additional Information about the
Dissolution and Where to Find It
In connection with the proposed liquidation and dissolution of the Fund pursuant to the Plan, the Fund intends to
file relevant materials with the SEC, including a preliminary proxy statement on Schedule 14A. The Fund will mail the definitive proxy statement and a proxy card to each stockholder of the Fund entitled to vote at the special meeting relating
to the proposed liquidation and dissolution pursuant to the Plan. STOCKHOLDERS OF THE FUND ARE URGED TO CAREFULLY READ THESE MATERIALS IN THEIR ENTIRETY (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT MATERIALS THAT THE FUND
WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. The proxy statement and other relevant materials (when they become available), and any other documents filed by the Fund with the SEC, may be obtained
free of charge at the SECs website at
www.sec.gov
. In addition, stockholders may obtain free copies of the documents filed with the SEC by the Fund by contacting the Funds Secretary at 140 East 45th Street, 15th Floor, New York,
New York 10017 or to Georgeson LLC toll free at
1-866-219-9786.
Participants in the Solicitation
The Fund and its
directors and executive officers may, under SEC rules, be deemed to be participants in the solicitation of proxies from the Funds stockholders in connection with the proposed liquidation and dissolution pursuant to the Plan. Information about
the persons who may, under the rules of the SEC, be considered to be participants in the solicitation of the Funds stockholders in connection with the proposed liquidation and dissolution pursuant to the Plan, and any interest they have in the
proposed liquidation and dissolution pursuant to the Plan, will be set forth in the definitive proxy statement when it is filed with the SEC. Additional information regarding these individuals is set forth in the Funds proxy statement for its
2018 annual meeting of stockholders, which was filed with the SEC on August 31, 2018, and its Annual Report on Form N-CSR for the fiscal year ended December 31, 2018, which was filed with the SEC on February 27, 2019. These documents may be obtained
free of charge at the SECs website at
www.sec.gov
. In addition, stockholders may obtain free copies of the documents filed with the SEC by the Fund by contacting the Funds Secretary at 140 East 45th Street, 15th Floor, New York,
New York 10017 or to Georgeson LLC toll free at 1-866-219-9786.
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