DWS High Income Trust (KHI) Declares Monthly Distribution.

NEW YORK -- DWS High Income Trust (NYSE symbol: KHI) declared a monthly dividend of $0.045 per share, payable on September 29, 2006 to shareholders of record on September 21, 2006. The ex-date is September 19, 2006. The previous monthly dividend amount was $0.048 per share. The Fund's initial offering was April 21, 1988. The dividend reduction primarily reflects increased borrowing costs related to the fund's use of leverage.

The current distribution rate represents a 8.14% annualized yield based on the closing market price of $6.63 on September 8, 2006 and a 9.33% annualized yield on a closing NAV of $5.79 on the same date.

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

Past performance is no guarantee of future results.

Annualized dividend yield is the latest monthly dividend shown as an annualized percentage of net asset value/market price at month end. Annualized dividend yield simply measures the level of dividends and is not a complete measure of performance. Market price, annualized dividend yield, net asset value and returns are historical and will fluctuate and do not guarantee future results.

Investments in funds involve risk. Some funds have more risk than others. These include funds that allow exposure to or otherwise concentrate investments in certain sectors, geographic regions, security types, market capitalization or foreign securities (e.g., political or economic instability, which can be accentuated in emerging market countries).

Not FDIC Insured. Not Guaranteed. May Lose Value.

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 Asset Management Inc., Deutsche Investment Management Americas Inc. and DWS Trust Company. Copyright (C) 2006 DWS Scudder Distributors, Inc. (MARS 24473 9/06)