On Monday, July 30, 2007, the Board of Directors of Dreyfus Municipal Income, Inc. (AMEX: DMF) declared from net investment income a monthly cash dividend of $0.041 per share of common stock, payable on August 31, 2007 to shareholders of record at the close of business on August 13, 2007. The ex-dividend date is August 9, 2007. The previous dividend declared in June was $0.041 per share of common stock.

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