Global High Income Fund Inc. — Reports EPS of $0.16

Global High Income Fund Inc.

today announced its performance for the fiscal fourth quarter ended and fiscal year-to-date ended October 31, 2010. For the fiscal fourth quarter ended October 31, 2010, the Fund's earnings from net investment income (excluding short-term capital gains) were $3,555,604, equal to $0.16 per share. During this period, the Fund paid monthly distributions (which may be comprised of net investment income, net realized capital gains, and/or return of capital) of $5,961,506, equal to $0.28 per share.