EX-99.1 3 d74391_ex99-1.txt PRESS RELEASE FOR IMMEDIATE RELEASE MEDIA CONTACT: SHAREHOLDER CONTACT: Mary Ann Susco Marco Acosta (212) 850-1382 (212) 850-1333 suscom@jwseligman.com acostam@jwseligman.com SELIGMAN SELECT MUNICIPAL FUND, INC. DECLARES JUNE INCOME DIVIDEND DISTRIBUTION NEW YORK, June 6, 2008 - Directors of Seligman Select Municipal Fund, Inc. (NYSE: SEL) today declared an income dividend of $0.036 per share. The dividend will be payable June 23, 2008 to shareholders of record on June 16, 2008. Shares of Seligman Select Municipal Fund, Inc. will be offered "ex-dividend" on June 12, 2008. Seligman Select Municipal Fund, Inc. is managed by J. & W. Seligman & Co. Incorporated (JWS), a New York-based investment manager and advisor, which was founded in 1864. Seligman Advisors, Inc. is the principal underwriter of the Seligman mutual funds managed by JWS. Seligman Services, Inc. provides client services to shareholders of Seligman Select Municipal Fund, Inc. Seligman Advisors, Inc. and Seligman Services, Inc. are wholly-owned subsidiaries of JWS. You should consider the investment objectives, risks, charges, and expenses of a fund carefully before investing. You can obtain the Fund's most recent annual, semi-annual and quarterly reports by contacting your financial advisor or Seligman Services, Inc. at 800-597-6068. These reports and other information are also available on the Securities and Exchange Commission's EDGAR Database. ###