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AGC Declares Monthly Dividend for July 2008.


LISLE, Ill. -- Advent/Claymore Global Convertible Securities & Income Fund (NYSE NYSE

See: New York Stock Exchange
: AGC AGC Automatic Gain Control
AGC Automotive Glass Cartridge (fuse)
AGC Associated General Contractors
AGC Associated General Contractors of America
AGC Atypical Glandular Cells
AGC Attorney-General's Chambers
), a closed-end management investment company, has declared its monthly dividend of $0.1458 per share. This represents an annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared.
 distribution rate of 12.63% based upon the closing market price of $13.85 on June 30, 2008.

Since the Fund's inception on May 29, 2007 through June 30, 2008 the Fund generated an average annual total return, including reinvestment of dividends, of -12.28% based on net asset value ("NAV See navigation system and navigation bar. ") and -21.47% based on market price. The Fund's one year total return, including reinvestment of dividends, as of June 30, 2008, was -13.42% based on NAV and -23.15% based on market price. Past performance does not guarantee future results.

The Fund's investment objective is to provide total return, through a combination of capital appreciation and current income. Under normal market conditions, the Fund will invest at least 80% of its managed assets in a diversified portfolio of convertible securities and non-convertible income-producing securities, each of U.S. and non-U.S. issuers, in order to attempt to achieve this objective.

Dividends will be paid on July 31, 2008 to shareholders of record as of July 15, 2008. The ex-dividend date Ex-dividend date

The first day of trading when the buyer of a stock is no longer entitled to the most recently announced dividend payment ( i.e. the trade will settle the day after the record date, too late for the buyer to appear on the shareholder record and receive the dividend.
 will be July 11, 2008. If it is determined that a notification is required, pursuant to Section 19(a) of the Investment Company Act of 1940, as amended, such notice will be posted to the Fund's website after the close of business three business days prior to the payable date. If a distribution rate is largely comprised of sources other than income, it may not be reflective of the Fund's performance.

Advent Capital Management, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 serves as the Fund's Investment Manager. Based in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, New York, Advent is a credit-oriented firm specializing in the management of convertible, high-yield and equity securities across three lines of business - long-only strategies, hedge funds and closed-end mutual funds. The firm manages assets for several FORTUNE 500 companies, foundations, endowments, public pension plans, insurance companies and two other closed-end funds, the Advent Claymore Convertible Securities and Income Fund (NYSE: AVK AVK Application Verification Kit (Java)
AVK Audio Video Kernel
) and the Advent/Claymore Enhanced Growth & Income Fund (NYSE: LCM (Liquid Crystal Monitor) A flat panel display that uses the liquid crystal (LCD) technology. See flat panel display. ).

Claymore Advisors, LLC (an affiliate of Claymore Securities, Inc.) serves as the Fund's Investment Adviser. Based in Lisle, Illinois Lisle is a village in DuPage County, Illinois, United States. The population was 21,182 at the 2000 census, and estimated to be 23,376 as of 2005. It is part of the Chicago metropolitan area and the Illinois Technology and Research Corridor. , Claymore Securities, Inc. is a privately-held financial services company offering unique investment solutions for financial advisors and their valued clients. Claymore entities have provided supervision, management, servicing and/or distribution on approximately $18.4 billion in assets, as of April 30, 2008. Claymore currently offers closed-end funds, unit investment trusts and exchange-traded funds. Registered investment products are sold by prospectus only and investors should read the prospectus carefully before investing. Additional information on Claymore's closed-end funds is available at www.claymore.com/CEFs.

There can be no assurance that the Fund will achieve its investment objectives. The net asset value of the Fund will fluctuate with the value of the underlying securities. It is important to note that closed-end funds trade on their market value, not net asset value, and closed-end funds often trade at a discount to their net asset value. Past performance is not indicative of future performance. An investment in the Fund is subject to certain risks and other considerations. Convertible securities generally offer lower interest or dividend yields than non-convertible securities of similar quality. Investments in non-U.S. issuers may involve unique risks compared to investing in securities of U.S. issuers and are more pronounced to the extent that the Fund invests a significant portion of its non-U.S. investments in one region or in the securities of emerging market issuers. In addition the Fund is also subject, but not limited, to: Investment and Market Risk; Convertible Securities Risk; Structured and Synthetic Convertible Synthetic convertible

Combination of usable bonds and warrants (that expire on or after the bonds' maturity) that resembles convertible bond.
 Securities Risk; Lower Grade Securities Risk; Equity Securities Risk; Preferred Securities Risk; Derivatives Risk; Interest Rate Risk; Leverage Risk; Anti-Takeover Provisions; Foreign Securities Risk; Foreign Currency Risk; Market Disruption Market Disruption

A situation where markets cease to function in a regular manner, typically characterized by rapid and large market declines. Market disruptions can result from both physical threats to the stock exchange or a unusual trading (as in a crash).
 Risk; Risk Associated with the Fund's Covered Call Option covered call option

A call option sold short by an investor owning the underlying stock. If the option is later exercised against the short seller of the option, the seller is covered by the stock that is owned. Compare naked option.
 Writing Strategy; and Illiquidity Risk.

Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the Fund carefully before they invest. For this and more information, please contact a securities representative or Claymore Securities, Inc., 2455 Corporate West Drive, Lisle, Illinois 60532, 800-345-7999.

Member FINRA/SIPC (07/08) 926

NOT FDIC-INSURED | NOT BANK-GUARANTEED | MAY LOSE VALUE
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Publication:Business Wire
Date:Jul 1, 2008
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