Cohen & Steers Advantage Income Realty Fund, Inc. Declares Dividends for October, November, and December 2004 NEW YORK, Sept. 9 /PRNewswire-FirstCall/ -- The Board of Directors of Cohen & Steers Advantage Income Realty Fund, Inc. (NYSE:RLF) today declared three monthly dividends of $0.12 per share for October, November, and December 2004. Details are as follows: The October 2004 dividend is payable on October 29, 2004 to shareholders of record of October 15, 2004. The ex-dividend date is October 13, 2004. The November 2004 dividend is payable on November 30, 2004 to shareholders of record of November 15, 2004. The ex-dividend date is November 11, 2004. The December 2004 dividend is payable on December 31, 2004 to shareholders of record of December 15, 2004. The ex-dividend date is December 13, 2004. DATASOURCE: Cohen & Steers Advantage Income Realty Fund, Inc. CONTACT: John J. McCombe, executive vice president, Cohen & Steers Capital Management, Inc., +1-212-832-3232 Web site: http://www.cohenandsteers.com/

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