CLOUGH GLOBAL ALLOCATION HISTORICAL DIVIDENDS Since Inception (July 30, 2004)

Dividend Reinvestment Please note that the Funds have a dividend reinvestment plan which enables all dividends declared on the common shares to be automatically reinvested for the shareholder. Contact your broker about this option if you would like to reinvest dividends.

CLOUGH GLOBAL ALLOCATION FUND (GLV) - Quarterly Cash Distributions

Ex-Date	Record Date	Payable Date	Amount
July 12, 2006	July 14, 2006	July 31, 2006	$0.36
April 11, 2006	April 13, 2006	April 28, 2006	$0.36
Dec. 28, 2005	Dec. 30, 2005	Jan. 13, 2006	$0.36
Oct. 12, 2005	Oct. 14, 2005	Oct. 31, 2005	$0.36

Ex-Date

Record Date

Payable Date

Amount

July 13, 2005

July 15, 2005

July 29, 2005

$0.33

April 13, 2005

April 15, 2005

April 29, 2005

$0.33

Jan. 18, 2005

Jan. 20, 2005

Jan. 31, 2005

$0.30

Oct. 13, 2004

Oct. 15, 2004

Oct. 19, 2004

$0.30

Recent Dividends

An investor should consider investment objectives, risks, charges and expenses carefully before investing. From this website, download a prospectus which contains this and other information. Read the prospectus carefully before investing or sending money.

Past performance cannot predict future results. Performance will fluctuate with changes in market conditions. Current performance may be lower or higher than the performance data shown. Performance information shown does not reflect the deduction of taxes that shareholders would pay on Fund distributions or the sale of Fund shares. An investment in the Fund involves risk, including loss of principal.

The Clough Global Equity Fund, the Clough Global Allocation Fund and the Clough Global Opportunities Fund are closed-end funds and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Funds now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market's value.