Sub-Item 77O

Rule 10f-3 Transactions

Dreyfus Premier California AMT-Free Municipal Bond Fund, Inc.

On June 25, 2008, Dreyfus Premier California AMT-Free Municipal Bond Fund, Inc. (the “Fund”) purchased $13,000,000 in of CALIFORNIA STATE GENERAL OBLIGATION BONDS - CUSIP # 13063A2X1 (the “Bonds”). The Bonds were purchased from CITIGROUP GLOBAL MARKETS INC (“Citigroup”), a member of the underwriting syndicate offering the Bonds, from their account. Pershing LLC, an affiliate of the Fund, was a member of the syndicate but received no benefit in connection with the transaction. Citigroup received a commission of 0.4% per bond. No other member received any economic benefit. The following is a list of the syndicate’s primary members:

Citigroup Global Markets Inc.
Merrill Lynch & Co.
DEPFA First Albany Securities LLC
Ramirez & Co., Inc.
Backstrom McCarley Barry & Co., LLC
Banc of America Securities LLC
Cabrera Capital Markets Inc.
City National Securities, Inc.
Comerica Securities
E.J. De La Rosa & Co., Inc.
Fidelity Capital Markets Services
Goldman, Sachs & Co.
Great Pacific Securities Inc.
Grigsby & Associates, Inc.
J.P. Morgan Securities Inc.
Jackson Securities, LLC
Lehman Brothers
Loop Capital Markets
Morgan Keegan & Co., Inc.
Morgan Stanley & Co., Incorporated
Nollenberger Capital Partners Inc.
Pershing L.L.C., Principal Trading
Piper Jaffray
Prager, Sealy & Co., LLC
Raymond James & Associates, Inc.
RBC Capital Markets
Rice Financial Products Company
Siebert Branford Shank & Co.
SL Hare Capital
Southwest Securities, Inc.

Stone & Youngberg LLC
Toussaint Capital Partners LLC
Wachovia Bank, National Association
Wedbush Morgan Securities
Wells Fargo Institutional Securities, LLC

Accompanying this statement are materials presented to the Board of Directors of the Fund, which ratified the purchase as in compliance with the Fund’s Rule 10f-3 Procedures, at the Fund’s Board meeting held on November 10, 2008.