Alpine Total Dynamic Dividend Fund Announces Its Next Three Monthly Dividend Payments at the Current $0.18 Per Share

WESTCHESTER, N.Y., Nov. 15 /PRNewswire-FirstCall/ -- The Board of Trustees of the Alpine Total Dynamic Dividend Fund (NYSE: AOD) today announced its next three monthly dividend payments at the current $0.18 per share.

The Fund is designed to provide high current dividend income and growth of capital using strategies focused on Dividend Capture, Value and Growth. The Fund seeks to achieve these goals by employing a research-driven approach to identifying companies globally with the potential for dividend increases and capital appreciation.

The following dates apply to today's distribution declaration: Ex-Distribution Date Record Date Payable Date

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 January 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.