Alpine Global Premier Properties Fund Announces Its Next Three Monthly Dividend Payments at the Current $0.1267 Per Share

WESTCHESTER, N.Y., Nov. 15 /PRNewswire/ -- The Board of Trustees of the Alpine Global Premier Properties Fund (NYSE: AWP) today announced its next three monthly dividend payments at the current $0.1267 per share, or equal to $1.52 per year for December, January and February.

The Fund is lead-managed by Samuel Lieber, manager of the first public mutual fund that focused primarily on investing internationally in real estate related securities since that fund's 1989 inception.

The following dates apply to today's distribution declaration: Ex-Distribution Date Record Date Payable Date December 20, 2007 December 24, 2007 December 28, 2007 January 16, 2008 January 18, 2008 January 25, 2008 February 13, 2008 February 15, 2008 February 22, 2008 More information about the Fund is available on www.alpinecef.com.

Based in Westchester, New York, Alpine Woods Capital Investors was founded in 1997, and together with entities owned by its officers, currently has over $12 billion in assets under management.

This press release contains forward-looking statements that describe our strategies and goals and our beliefs concerning future conditions and the outlook for the Fund, based on currently available information. The Fund's actual results could differ materially from those anticipated in the forward- looking statements because of various risks and uncertainties, including the factors set forth in the Fund's prospectus, filed with the SEC on April 25, 2007, in the section headed "Risk Factors" and elsewhere in the prospectus. You should carefully consider those Risk Factors and the other information in the Fund's SEC filings before investing.