NOTICE OF GUARANTEED DELIVERY FOR TENDER OF SHARES OF COMMON STOCK OF DELAWARE GROUP GLOBAL DIVIDEND AND INCOME FUND, INC. This form, or one substantially equivalent hereto, must be used to accept the Offer (as defined below) if a shareholder's certificates for shares of Common Stock, par value $0.01 (the "Shares") of Delaware Group Global Dividend and Income Fund, Inc. (the "Fund"), are not immediately available or time will not permit the Letter of Transmittal and other required documents to be delivered to the Depositary on or before 5:00 p.m., New York City time, June 29, 2000, or such later date to which the Offer is extended (the "Expiration Date"). Such form may be delivered by hand, mail, telegram, telex or facsimile transmission to the Depositary, and must be received by the Depositary on or before the Expiration Date. See Section 2, "Procedure for Tendering Shares," of the Fund's Offer to Purchase dated June 1, 2000. The Depositary: CHASEMELLON SHAREHOLDER SERVICES, L.L.C. Facsimile Copy Number: (201) 296-4293 Confirm by Telephone: (201) 296-4860 For Further Information Call: (888) 235-9839 By Express Mail or By First Class Mail: Overnight Courier: By Hand: - -------------------- ------------------ -------- Post Office Box 3301 85 Challenger Road 120 Broadway -- 13th Floor South Hackensack, NJ 07606 Mail Drop Reorg. Dept. New York, NY 10271 Attn: Reorganization Dept. Ridgefield Park, NJ 07660 Attn: Reorganization Dept. DELIVERY OF THIS INSTRUMENT TO AN ADDRESS OTHER THAN AS SET FORTH ABOVE OR TRANSMISSION VIA A FACSIMILE NUMBER OTHER THAN ONE LISTED ABOVE DOES NOT CONSTITUTE A VALID DELIVERY. Ladies and Gentlemen: The undersigned hereby tenders to the Fund, upon the terms and subject to the conditions set forth in its Offer to Purchase, dated June 1, 2000 (the "Offer to Purchase") and the related Letter of Transmittal (which together constitute the "Offer"), receipt of which is hereby acknowledged, the number of Shares set forth on the reverse side pursuant to the Guaranteed Delivery Procedure set forth in Section 2, "Procedure for Tendering Shares," of the Fund's Offer to Purchase. ================================================================================ Number of Shares Tendered: ____________________________ Certificate Nos. (if available): ____________________________________________ ____________________________________________ If Shares will be tendered by book-entry transfer, check box: [ ] The Depository Trust Company Account Number: ___________________________________ Name(s) of Registered Holder(s): ____________________________________________ ____________________________________________ Address:____________________________________ ____________________________________ City State Zip Code Area Code and Telephone Number:_________________________ Taxpayer Identification (Social Security) Number:_______________________________ The undersigned also tenders all uncertificated Shares that may be held in the name of the registered holder(s) by the Fund's transfer agent pursuant to the Fund's dividend reinvestment plan: [ ] Yes [ ] No (Note: If yes is not checked, any such uncertificated Shares will not be tendered.) ____________________________________________ ____________________________________________ Signature(s) Dated: ________________________________, 2000 ================================================================================ GUARANTEE The undersigned, a member firm of a registered national securities exchange, a member of the National Association of Securities Dealers, Inc., or a commercial bank or trust company having an office, branch, or agency in the United States, hereby (a) guarantees to deliver to the Depositary certificates representing the Shares tendered hereby, in proper form for transfer or tender of Shares pursuant to the procedure for book-entry transfer into the Depositary's account at The Depository Trust Company, together with (i) a properly completed and duly executed Letter of Transmittal or facsimile thereof (or, in the case of book-entry transfer, an Agent's Message, as defined in the Fund's Offer to Purchase under Section 2, "Procedure for Tendering Shares") with any required signature guarantees (ii) the aggregate amount of the service fee payable in respect of the Shares tendered hereby and (iii) any other required documents, within three business days after the execution of this Notice of Guaranteed Delivery, and (b) represents that such tender of Shares complies with Rule 14e-4 under the Securities Exchange Act of 1934, as amended. Name of Firm:___________________________ ____________________________________ (AUTHORIZED SIGNATURE) Address:________________________________ Name:_______________________________ (PLEASE PRINT) ________________________________________ Title:______________________________ City State Zip Code Area Code and Tel. No.__________________ Dated:______________________________ DO NOT SEND SHARE CERTIFICATES WITH THIS FORM. ANY SHARE CERTIFICATES MUST BE SENT WITH THE LETTER OF TRANSMITTAL.