UPDATE (May 20, 2008) — There has been a change of venue for the Annual Meeting of Shareholders of RMK Advantage Income Fund, Inc. The meeting will be held:
July 11, 2008, at 11:00 a.m. Central Time
The offices of Regions Financial Corp.
7130 Goodlett Farms Parkway
Cordova, Tennessee 38016
MEMPHIS, Tenn. (April 7, 2008) — The Board of Directors of RMK Advantage Income Fund, Inc. (NYSE: RMA) voted to hold the Annual Meeting of Stockholders on Friday, July 11, 2008 at 11:00 a.m. Central Time. The meeting will be held at Fifty North Front Street, 2nd Floor, Memphis, Tennessee 38103. Stockholders of record on May 5, 2008 will receive proxy materials.
RMK Advantage Income Fund, Inc. is a diversified, closed-end investment company seeking a high level of current income with capital appreciation as a secondary investment objective.
About Morgan Asset Management:
Morgan Asset Management, Inc. is the investment advisory arm of Regions Financial Corporation (NYSE: RF). Morgan Asset Management is the investment advisor to Regions Morgan Keegan Trust, Regions Morgan Keegan Select Funds, Morgan Keegan Select Fund, Inc., RMK Advantage Income Fund, Inc., RMK High Income Fund, Inc., RMK Multi-Sector High Income Fund, Inc. and RMK Strategic Income Fund, Inc. With locations throughout the South, Morgan Asset Management, an affiliate of Morgan Keegan & Co. Inc., manages more than $28 billion for institutions and high net worth individuals. Additional information about Morgan Asset Management, Morgan Keegan and Regions—a member of the S&P 100 Index—can be found at www.morgankeegan.com and www.regions.com.
For Additional Information:
Additional information about RMK Advantage Income Fund, Inc., including the fund’s annual and semi-annual reports to stockholders, prospectus and statement of additional information, may be obtained by visiting the fund’s website at www.rmkfunds.com or by calling 800-564-2188.
Contact:
Morgan Keegan Media Relations
Kathy Ridley, 901-529-5449
Kathy.ridley@morgankeegan.com, or
Eric Bran, 901-524-4114
Eric.bran@morgankeegan.com
