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Press Release

ALPINE TOTAL DYN DIVI (NYSE: AOD)
2500 Westchester Avenue
Purchase, NY 10577
www.alpinecef.com

Jul 07, 2008 – Stocks That Pay Monthly Dividends: ALPINE TOTAL DYN DIVI (NYSE: AOD)

For Immediate Release

Boston, MA., Jul 07, 2008 – Alpine Total Dynamic Dividend Fund (the ‘‘Fund’’) is a newly-organized, diversified, closed-end
management investment company. The Fund’s primary investment objective is to seek high current dividend income. The
Fund also focuses on long-term growth of capital as a secondary investment objective.

ALPINE TOTAL DYN DIVI (NYSE: AOD) has paid dividends since 2007 and has a current dividend yield of 37.5%.

ALPINE TOTAL DYN DIVI’s current dividend information as per the date of this press release is:
Dividend Declaration Date: Sep-02-2008
Dividend Ex Date: Dec-22-2008
Dividend Record Date: Dec-24-2008
Dividend Payment Date: Dec-30-2008
Dividend Amount: 0.18  

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