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Seligman Select & Quality Municipal Funds Declare December Income Dividend Distributions
J. & W. Seligman & Co. Incorporated

New York, December 2, 2005 – Directors of Seligman Select Municipal Fund, Inc. (NYSE: SEL) today declared an income dividend of $0.0450 per share, and Directors of Seligman Quality Municipal Fund, Inc., (NYSE: SQF) declared an income dividend of $0.0475 per share. The dividends for both funds will be payable December 22, 2005 to shareholders of record on December 14, 2005. Shares of Seligman Select Municipal Fund, Inc. and Seligman Quality Municipal Fund, Inc. will be offered “ex-dividend” on December 12, 2005.
J. & W. Seligman & Co. Incorporated, a New York-based investment manager and advisor, was founded in 1864. As well as providing management and advisory services to institutional clients, the firm and its affiliates provide individuals a broad array of investment options, including the US-based Seligman Group of Funds with more than 50 portfolios, a range of retirement services. Additionally, it manages Tri-Continental Corporation, which is traded on the New York Stock Exchange, and a range of offshore investments available exclusively for non-US investors. J. & W. Seligman & Co. Incorporated has an additional office in Palo Alto, California.

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