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Greater China Fund Declares Dividend
Baring Asset Management

New York, September 15, 2005 -- The Board of Directors of The Greater China Fund, Inc. (the "Fund") (GCH), today declared a dividend of $0.3205 per share of ordinary income and a distribution from long-term capital gains of $0.5216 per share. The dividend is payable on December 30, 2005 to shareholders of record as of December 22, 2005. The ex-dividend date is December 20, 2005.

The Fund is a closed-end, non-diversified management investment company seeking long-term capital appreciation through investments primarily in listed equity securities of China companies. The Fund's investment manager is Baring Asset Management (Asia) Limited.





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