AWG Alliance World Dlr GV FD

NEW YORK, March 30 /PRNewswire-FirstCall/ -- Alliance World Dollar Government Fund, Inc. (NYSE:AWG), a registered closed-end investment company, today announced earnings for the first quarter ended January 31, 2007. Total net assets of the Fund on January 31, 2007 were $128,169,706, as compared with $132,699,854 on October 31, 2006 and $130,212,209 on January 31, 2006. On January 31, 2007 the net asset value per share was $14.41 based on 8,897,497 shares outstanding. January 31, October 31, January 31, 2007 2006 2006 Total Net Assets $128,169,706 $132,699,854 $130,212,209 NAV Per Share $14.41 $14.91 $14.63 Outstanding Shares 8,897,497 8,897,497 8,897,497 For the period November 1, 2006 through January 31, 2007, total net investment income was $1,834,533 or $0.21 per share. The total net realized and unrealized gain was $748,459 or $0.09 per share for the same period. First Quarter Fourth Quarter First Quarter Ended Ended Ended January 31, 2007 October 31, 2006 January 31, 2006 Total Net Investment Income $1,834,533 $1,704,989 $1,811,169 Per Share $0.21 $0.19 $0.20 Total Net Realized/ Unrealized Gain $748,459 $4,814,662 $4,129,678 Per Share $0.09 $0.54 $0.46 Alliance World Dollar Government Fund, Inc. is managed by AllianceBernstein L.P. DATASOURCE: Alliance World Dollar Government Fund, Inc. CONTACT: Shareholder Contact: +1-800-221-5672 Web site: http://www.alliancebernstein.com/

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