LEO BNY Mellon Strategic Municipals Inc

Dreyfus Strategic Municipals, Inc. (NYSE: LEO) reported the following financial information for the six-month period ended March 31, 2006 compared with the results for the six-month period ended March 31, 2005: -0- *T SIX-MONTH PERIOD ENDED MARCH 31: 2006 2005 -------------------------------- ---- ---- NET INVESTMENT INCOME TOTAL* $20,143,125 $19,637,415 PER SHARE (COMMON STOCK) $0.33 $0.32 NET INVESTMENT INCOME AFTER DIVIDENDS PAID TO PREFERRED SHAREHOLDERS TOTAL $16,109,050 $17,227,332 PER SHARE (COMMON STOCK) $0.26 $0.28 NET ASSET VALUE AT END OF PERIOD NET OF PREFERRED STOCK $562,946,735 $558,373,475 PREFERRED STOCK OUTSTANDING $285,000,000 $285,000,000 PER SHARE (COMMON STOCK) 9.29 $9.22 NET ASSET VALUE AT BEGINNING OF PERIOD NET OF PREFERRED STOCK $568,264,107 $556,235,057 PREFERRED STOCK OUTSTANDING $285,000,000 $285,000,000 PER SHARE $9.38 $9.18 * 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. *T