ING Clarion Real Estate Income Fund “IIA” Declares Monthly Distribution for November

The Board of Trustees of the ING Clarion Real Estate Income Fund, which trades on the New York Stock Exchange under the symbol “IIA”, declared a monthly distribution of $0.045 per share for the month of November 2008. The previous monthly distribution amount was $0.115 per share. The following dates apply: IIA’s current distribution rate represents an annualized yield of 13.8% based on the closing market price of $3.90 on November 13, 2008...