FFC and FLC Announce Special Year-End Dividends

The Boards of Directors of Flaherty & Crumrine/Claymore Preferred Securities Income Fund Incorporated

and Flaherty & Crumrine/Claymore Total Return Fund Incorporated

today declared the regular monthly dividend and declared a special year-end dividend to be paid in December. The regular monthly dividend rate for FFC will continue to be $0.136 per share, which equates to an annual dividend of $1.632 per share. In addition, shareholders will receive a special year-end dividend from net investment income of $0.07 per share. The regular monthly dividend rate for FLC will continue to be $0.1395 per share, which equates to an annual dividend of $1.674 per share. In addition, shareholders will receive a special year-end dividend from net investment income of $0.055 per share.