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Dreyfus Strategic Municipal Bond Fund, Inc. Interim Results for the Six-Month Period Ended May 31, 2013

DSM

DREYFUS STRATEGIC MUNICIPAL BOND FUND, INC. (NYSE: DSM) REPORTED THE FOLLOWING FINANCIAL INFORMATION FOR THE SIX-MONTH PERIOD ENDED MAY 31, 2013, COMPARED WITH THE RESULTS FOR THE SIX-MONTH PERIOD ENDED MAY 31, 2012:

SIX-MONTH PERIOD ENDED MAY 31:

           

2013

       

2012

NET INVESTMENT INCOME
TOTAL* 12,805,091 13,624,038
PER SHARE (COMMON STOCK) .26 .28
NET INVESTMENT INCOME AFTER DIVIDENDS
PAID TO PREFERRED SHAREHOLDERS
TOTAL 12,653,341 13,457,044
PER SHARE (COMMON STOCK) .25 .27
NET ASSET VALUE AT END OF PERIOD
NET OF PREFERRED STOCK 435,979,870 430,986,580
PREFERRED STOCK OUTSTANDING 139,500,000 139,500,000
PER SHARE (COMMON STOCK) 8.88 8.82
NET ASSET VALUE AT BEGINNING OF PERIOD
NET OF PREFERRED STOCK 455,705,933 394,955,410
PREFERRED STOCK OUTSTANDING 139,500,000 139,500,000
PER SHARE (COMMON STOCK) 9.30 8.10

* Net Investment Income is based on U.S. generally accepted accounting principles. Income distributions are determined in accordance with income tax regulations, which may differ from U.S. generally accepted accounting principles.

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