On Monday, July 30, 2012, the Board of Directors of Dreyfus Strategic
Municipal Bond Fund, Inc. (NYSE: DSM) declared from net investment
income a monthly cash dividend of $0.0475 per share of common stock,
payable on August 31, 2012, to shareholders of record at the close of
business on August 13, 2012. The ex-dividend date is August 9, 2012. The
previous dividend declared in June was $0.0475 per share of common stock.