News Column

Liberty All-Star® Growth Fund, Inc. Declares Distribution

July 21, 2014



BOSTON--(BUSINESS WIRE)-- The Board of Directors of Liberty All-Star Growth Fund, Inc. (NYSE: ASG) has declared a distribution of $0.08 per share payable on September 15, 2014 to shareholders of record on August 1, 2014 (ex-dividend date of July 30, 2014). This distribution is in accordance with the Fundís current distribution policy of paying distributions on its shares totaling approximately 6 percent of its net asset value per year, payable in four quarterly installments of 1.5 percent. A portion of the distribution may be treated as paid from sources other than net income, including but not limited to short-term capital gain, long-term capital gain and return of capital. The final determination of the source of all distributions in 2014 for tax reporting purposes, including the percentage of qualified dividend income, will be made after year-end.

The distribution will be paid in newly issued shares to all shareholders except those who are not participating in Liberty All-Star Growth Fundís Dividend Reinvestment Plan and who elect to receive the distribution in cash. Shares will be issued at the lower of the August 29, 2014 net asset value per share or market value per share (but not less than 95% of market value). The market value of the Fundís shares for this purpose will be the last sales price on the New York Stock Exchange.

ALPS Advisors, Inc. is the investment advisor of the Liberty All-Star Growth Fund, a multi-managed, closed-end investment company with more than $130 million in net assets. The Fundís shares are listed on the New York Stock Exchange under the symbol ASG.

The Liberty All-Star Growth Fund is a closed-end fund and does not continuously offer shares. The Fund trades in the secondary market, investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the marketís value.

Past performance cannot predict future results.

An investment in the Fund involves risk, including loss of principal.




Liberty All-Star Growth Fund, Inc.

Bill Parmentier, 1-800-240-1850

www.all-starfunds.com

Source: Liberty All-Star Growth Fund, Inc.


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Source: Business Wire


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