Instructions for Withdrawal
of
Previously Tendered Common Shares (as defined below)
of
Neuberger Berman California Intermediate Municipal Fund Inc.
Neuberger Berman Dividend Advantage Fund Inc.
Neuberger Berman Income Opportunity Fund Inc.
Neuberger Berman High Yield Strategies Fund
Neuberger Berman Intermediate Municipal Fund Inc.
Neuberger Berman New York Intermediate Municipal Fund Inc.
(each, a “Fund”)
If you tendered to a Fund, in connection with the offer by each of Neuberger Berman California Intermediate Municipal Fund Inc., Neuberger Berman Dividend Advantage Fund Inc., Neuberger Berman Income Opportunity Fund Inc., Neuberger Berman Intermediate Municipal Fund Inc. and Neuberger Berman New York Intermediate Municipal Fund Inc., each a Maryland corporation, to purchase for cash up to 10% of its outstanding shares of common stock, par value $0.0001 per share (the “Common Stock”) and by Neuberger Berman High Yield Strategies Fund, a Delaware statutory trust, to purchase for cash up to 10% of its outstanding common shares of beneficial interest, no par value per share (together with the Common Stock, the “Common Shares”), upon the terms and subject to the conditions set forth in the Offer to Purchase dated May 1, 2009 and a related Letter of Transmittal (which together constitute the “Offer”), and you wish to withdraw your Common Shares, please fill out the attached Notice of Withdrawal.
1. Withdrawal. If you have tendered your Common Shares pursuant to the Offer, you may withdraw your Common Shares previously tendered by completing, executing and sending the attached “Notice of Withdrawal” to any one of the addresses set forth on the first page of the Notice of Withdrawal.
2. Delivery of Notice of Withdrawal. Mellon Investor Services LLC (the “Depositary”) must receive the Notice of Withdrawal prior to Midnight, New York City time, on May 29, 2009, (the “Expiration Date”) which is the expiration date of the Offer. The method of delivery of any documents related to a withdrawal is at the option and risk of the withdrawing Holder of Common Shares. Any documents related to a withdrawal will be deemed delivered only when actually received by the Depositary. If delivery is by mail, registered mail with return receipt requested, properly insured, is recommended. In all cases, sufficient time should be allowed to ensure timely delivery.
3. Procedures and Signature Guarantee. The notice of withdrawal must specify the name of the Fund, the name of the person who tendered the Common Shares to be withdrawn and the number of Common Shares to be withdrawn and the name of the registered holder of Common Shares, if different from that of the person who tendered such Common Shares. If the Common Shares to be withdrawn have been delivered to the Depositary, a signed notice of withdrawal with (except in the case of Common Shares tendered by an Eligible Institution (as defined below)) signatures guaranteed by an Eligible Institution must be submitted prior to the
release of such Common Shares. In addition, such notice must specify, in the case of Common Shares tendered by Direct Registration System transaction, the name of the registered holder (if different from that of the tendering stockholder) and the number of Common Shares to be withdrawn or, in the case of Common Shares tendered by book-entry transfer, the name and number of the account at The Depository Trust Company (the Book-Entry Transfer Facility) to be credited with the withdrawn Common Shares. An “Eligible Institution” is a financial institution (including most banks, savings and loan associations and brokerage houses) that is a member of a recognized Medallion Program approved by The Securities Transfer Association Inc., including the Securities Transfer Agents Medallion Program (STAMP).
NOTICE OF WITHDRAWAL
of Common Shares (as defined below)
of
Neuberger Berman California Intermediate Municipal Fund Inc.
Neuberger Berman Dividend Advantage Fund Inc.
Neuberger Berman Income Opportunity Fund Inc.
Neuberger Berman High Yield Strategies Fund
Neuberger Berman Intermediate Municipal Fund Inc.
Neuberger Berman New York Intermediate Municipal Fund Inc.
(each, a “Fund”)
Previously Tendered
Pursuant to the Offer to Purchase Dated May 1, 2009
THE WITHDRAWAL DEADLINE IS MIDNIGHT, NEW YORK CITY TIME, ON FRIDAY,
MAY 29, 2009, UNLESS EXTENDED
This Notice of Withdrawal is Submitted to:
Mellon Investor Services LLC
Toll Free
(866) 223-8669
By First Class Mail, By Overnight Courier, By Hand:
By First Class Mail:
Mellon Investor Services LLC
Attn: Corporate Action Dept.,
27th Floor
P.O. Box 3301
South Hackensack, NJ 07606 | | By Registered Certified
or Express Mail
or Overnight Courier:
Mellon Investor Services LLC
Newport Office Center VII
480 Washington Boulevard
Mail Drop – Reorg
Attn: Reorganization Dept., 27th Floor
Jersey City, NJ 07310 | | By Hand:
Mellon Investor Services LLC
Newport Office Center VII
480 Washington Boulevard
Mail Drop – Reorg
Attn: Reorganization Dept., 27th Floor
Jersey City, NJ 07310 |
DESCRIPTION OF COMMON SHARES WITHDRAWN* |
Enter the Name of your Fund:
|
Name(s) and Address(es) of Registered Holder(s)
(Please fill in, if blank, exactly as name(s) appear(s) on your Direct Registration Account(s)) | Common Shares Withdrawn
(Attach additional list if necessary) |
| | Direct Registration Transaction Advice Number
(if available) | Total Number of Common Shares Held in the Direct Registration System* | Number of Common Shares Held in the Direct Registration System that are Withdrawn** |
| | | |
| | | |
| | | |
| | | |
| | Total Number of Common Shares | | |
* | Need not be completed by holders of Common Shares withdrawing by book-entry transfer. |
** | Unless otherwise indicated, it will be assumed that all Common Shares held in Direct Registration System are being withdrawn. |
This Notice of Withdrawal is to be completed if you tendered Common Shares (as defined below) of a Fund in connection with the offer by each of Neuberger Berman California Intermediate Municipal Fund Inc., Neuberger Berman Dividend Advantage Fund Inc., Neuberger Berman Income Opportunity Fund Inc., Neuberger Berman Intermediate Municipal Fund Inc. and Neuberger Berman New York Intermediate Municipal Fund Inc., each a Maryland corporation, to purchase for cash up to 10% of its outstanding shares of common stock, par value $0.0001 per share (the “Common Stock”) and by Neuberger Berman High Yield Strategies Fund, a Delaware statutory trust, to purchase for cash up to 10% of its outstanding common shares of beneficial interest, no par value per share (together with the Common Stock, the “Common Shares”).
| | o | | CHECK HERE IF YOUR COMMON SHARES WERE TENDERED PURSUANT TO A NOTICE OF GUARANTEED DELIVERY PREVIOUSLY SENT TO THE DEPOSITARY AND COMPLETE THE FOLLOWING. PLEASE ENCLOSE A PHOTOCOPY OF SUCH NOTICE OF GUARANTEED DELIVERY. |
| | Name of Fund: | |
| |
Name(s) of Registered Holder(s): | |
| |
Window Ticket No. (if any) | |
| |
Date of Execution of Notice of Guaranteed Delivery: | |
| |
Name of Institution which Guaranteed Delivery: | |
The names and addresses of the registered holders should be printed, if not already printed above, exactly as they appear on the certificates representing Common Shares withdrawn hereby. The certificates and number of Common Shares that the undersigned wishes to withdraw should be indicated in the appropriate boxes.
Signatures are required on the next page.
NOTE: SIGNATURE(S) MUST BE PROVIDED BELOW.
PLEASE READ THE INSTRUCTIONS SET FORTH IN THIS
NOTICE OF WITHDRAWAL CAREFULLY.
Name of Fund: | |
| |
Signature(s) of Owner(s): | |
| |
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Date: __________________, 200_ |
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Printed Names: | |
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Capacity: | |
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Address: | |
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Guarantee of Signature(s)
(Required if Common Shares have been delivered to the Depositary)
[For use by financial institutions only. Place medallion guarantee in space below.]
