DWS Dreman Value Income Edge Fund, Inc. (DHG) Portfolio Manager Conference Call.

NEW YORK -- DWS Dreman Value Income Edge Fund, Inc. (NYSE: DHG), announced today that on Monday, February 5, 2007 at 2:00 pm EST, it will hold a conference call to discuss developments in the fund. Portfolio Manager, Mr. Jim Hutchinson, will host the call and then respond to investor questions. For your convenience a replay of the call will be available, please visit www.cef.dws-scudder.com or call [phone] for details.

Time:            2:00pm EST (US)
Call Number:     [phone]
Conference ID:   1032526
Chairperson:     Mr. Jim Hutchinson, Portfolio Manager

The DWS Dreman Value Income Edge Fund, Inc. (NYSE:DHG) is a diversified, closed-end investment company. The Fund's investment objective is to seek to achieve a high level of total return. The Fund pursues its investment objective through a combination of an income strategy designed to generate regular income and reduce volatility (the "Income Strategy"), and a quantitative long/short strategy designed to seek returns that are uncorrelated to the market (the "Hedge Strategy").

For more information on the fund please contact a representative at [phone] or visit us on the web at www.cef.dws-scudder.com.

NOT FDIC/ NCUA INSURED -- MAY LOSE VALUE -- NO BANK GUARANTEE
NOT A DEPOSIT -- NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

The Fund focuses its investments on dividend-paying or other income-producing securities that the Subadviser believes are undervalued or inexpensive relative to other investments. These types of securities may present risks in addition to the general risks associated with investing in common and preferred equity securities, including the risk that securities that are perceived as "value" stocks may not perform as well as securities that are perceived as "growth" stocks during periods when the market favors growth stocks generally over value stocks. The Fund may sell securities short. Short sales involve the risk that the Fund will incur a loss by subsequently being required to buy a security at a higher price than the price at which the Fund previously sold the security short.

Closed-end funds, unlike open-end funds, are not continuously offered. There is a one time public offering and, once issued, shares of closed-end funds are sold in the open market through a stock exchange. Shares of closed-end funds frequently trade at a discount to net asset value. The price of the fund's shares is determined by a number of factors, several of which are beyond the control of the fund. Therefore, the fund cannot predict whether its shares will trade at, below or above net asset value.

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

DWS Scudder is part of Deutsche Asset Management, which is the marketing name in the US for the asset management activities of Deutsche Bank AG, Deutsche Bank Trust Company Americas, Deutsche Investment Management Americas Inc. and DWS Trust Company. Copyright [c] 2007 DWS Scudder Distributors, Inc. (MARS 48607 1/07)