NCV and NCZ Declare Special Year-End Income Dividends of $0.17 and $0.14

The Board of Trustees of AGIC Convertible & Income Fund

and AGIC Convertible & Income Fund II

(the “Funds”) announced today that they have declared the following special year-end income dividends: AGIC Convertible & Income Fund $0.1725 per common share AGIC Convertible & Income Fund II $0.1400 per common share