Tri-Continental Corporation Announces
Certified Results of 76th Annual Meeting for Stockholders
Tri-Continental Corporation



New York, June 19, 2006 – Tri-Continental Corporation (NYSE: TY) today announced the certified results of a contested election for Board seats at Tri-Continental’s 2006 Annual Meeting of Stockholders held on May 4, 2006, in Baltimore, Maryland.

According to the independent inspector of election, the three incumbent Directors up for re-election received on average approximately 45% of all outstanding votes versus approximately 25% for three dissident nominees. However, no nominees received the 50% of outstanding votes required for re-election. Under Maryland law, the incumbent Directors will continue in office until such time as successors are elected and qualify.

Stockholders ratified the selection of Deloitte & Touche LLP as independent auditors of Tri-Continental for 2006, and voted against a stockholder proposal relating to cumulative voting.

“A solid majority of the Stockholders who voted clearly agreed with Tri-Continental that their long-term interests will best be protected by the incumbent Directors,” said Brian T. Zino, president. “We are extremely pleased that Stockholders understood the importance of the issues addressed in this proxy contest and supported the recommendations of their Board of Directors.”

Tri-Continental Corporation is one of the nation’s largest, diversified, publicly traded closed-end equity investment companies, and has paid dividends for 62 consecutive years. The Fund is managed by J. & W. Seligman & Co. Incorporated, a New York-based investment manager and advisor, which was founded in 1864.





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