Cohen & Steers Worldwide Realty Income Fund Announces Results of Special Shareholder Meeting

NEW YORK, Feb. 26 /PRNewswire-FirstCall/ -- Cohen & Steers Worldwide Realty Income Fund, Inc. (NYSE: RWF) announced that shareholders approved the fund's merger with Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI) at today's special shareholder meeting. The merger is expected to be completed after the close of business on March 12, 2010.

In the merger, RQI will acquire substantially all of the assets and liabilities of RWF in a tax-free transaction in exchange for an equal aggregate value of newly issued common shares of RQI. RWF will distribute the common shares (and fractional shares where applicable) of RQI to its common shareholders in an amount equal to the aggregate net asset value of RWF common shares, as determined at the close of business on March 12, 2010.

About Cohen & Steers

Cohen & Steers is a manager of income-oriented equity portfolios specializing in U.S. and international real estate securities, large cap value stocks, listed infrastructure and utilities, and preferred securities. The company also manages alternative investment strategies such as hedged real estate securities portfolios and private real estate multi-manager strategies for qualified investors. Headquartered in New York City, with offices in London, Brussels, Hong Kong and Seattle, Cohen & Steers serves individual and institutional investors through a broad range of investment vehicles.

SOURCE Cohen & Steers; Worldwide Realty Income Fund, Inc.; Quality Income Realty Fund, Inc.