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Six Scudder Closed-end Funds Declare Distributions.


Business Editors

CHICAGO--(BUSINESS WIRE)--Dec. 7, 2001

Six of the closed-end funds managed by Zurich Scudder Investments, Inc. declared distributions today. All distributions are payable on December 31, 2001, to shareholders of record on December 17, 2001. The "Ex Date" is December 13, 2001.

Scudder High Income Trust (NYSE NYSE

See: New York Stock Exchange
 symbol: KHI khi
n.
Variant of chi1.
) declared a monthly dividend of $0.0675 per share. The previous monthly dividend was $0.0675 per share. The Fund's initial offering was April 21, 1988.

Scudder Intermediate Government Trust (NYSE symbol: KGT KGT Key Generator Transmitter
KGT Klingon for the Galactic Traveller
) declared a monthly distribution of $0.04 per share. The current earnings of the Fund are lower than the prevailing monthly distribution. The previous monthly distribution was $0.04 per share. The Fund's initial offering was July 21, 1988.

Scudder Municipal Income Trust (NYSE symbol: KTF KTF Korea Telecom Freetel
KTF Keep The Faith
KTF Keeping the Faith
KTF Kauai Test Facility (Sandia National Laboratories, US)
KTF Kemisk-Tekniska Leverantörförbundet (Swedish union of chemical technical suppliers) 
) declared a monthly dividend of $0.06 per common share. The previous monthly dividend was $0.06 per common share. The Fund's initial offering was October 20, 1988.

Scudder Multi-Market Income Trust (NYSE symbol: KMM KMM Keyboard/Monitor/Mouse
KMM Keep Middlesex Moving (New Brunswick, NJ)
KMM Kitco Minerals and Metals
KMM K-Meleon Macro
KMM Knowledge Management and Marketing
KMM Key Management Message
) declared a monthly dividend of $0.0775 per share. The previous monthly dividend was $0.0775 per share. The Fund's initial offering was January 23, 1989.

Scudder Strategic Municipal Income Trust (NYSE symbol: KSM) declared a monthly dividend of $0.0625 per common share. The previous monthly dividend was $0.0625 per common share. The Fund's initial offering was March 22, 1989.

Scudder Strategic Income Trust (NYSE symbol: KST) declared a monthly dividend of $0.10 per share. The previous monthly dividend was $0.10 per share. The Fund's initial offering was April 29, 1994.

About Zurich Scudder Investments

Zurich Scudder Investments, Inc., a leading global investment management firm, is a member of the Zurich Financial Services Zurich Financial Services Group is a major financial services group based in Zurich, Switzerland. Global operations
North America
The US consumer market is served primarily by Farmers Insurance Group the third largest personal lines property & casualty insurance
 Group. Zurich Scudder Investments is one of the largest and most experienced investment management organizations in the world, managing more than USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 345 billion in assets for corporate clients, retirement and pension plans, insurance companies, mutual fund investors, and individuals worldwide. Headquartered in New York, Zurich Scudder Investments offers a full range of investment counsel and asset management capabilities, based on a combination of proprietary research and disciplined, long-term investment strategies.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 7, 2001
Words:354
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