Market Overview

Lazard Global Total Return and Income Fund Confirms New Distribution

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Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI)
is confirming today, pursuant to its level distribution policy, as
previously authorized by its Board of Directors, a monthly distribution
of $0.11556, equivalent to 7.0% (annualized) of the Fund's net asset
value per share as of the close of markets on December 29, 2017 on the
Fund's outstanding common stock. The distribution is payable on January
23, 2018 to shareholders of record on January 12, 2018. The ex-dividend
date is January 11, 2018.

The Fund's objective is total return consisting of capital appreciation
and current income. The Fund invests in a portfolio of approximately 60
to 80 US and non-US equity securities, including American Depository
Receipts. The Fund generally invests in securities of companies with
market capitalizations greater than $2 billion and may invest in
emerging markets. The Fund seeks enhanced income by investing in short
duration (typically less than one year) emerging market forward currency
contracts and other emerging market debt instruments.

An indirect subsidiary of Lazard Ltd (NYSE:LAZ), LAM, the Fund's
investment manager, offers a range of equity, fixed-income, and
alternative investment products worldwide. As of September 30, 2017, LAM
and affiliated asset management companies in the Lazard Group managed
$238 billion worth of client assets. For more information about LAM,
please go to www.LazardAssetManagement.com.

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