Article: Lehman Brothers First Trust Income Opportunity Fund Announces Special Distribution.

NEW YORK, Dec. 7 /PRNewswire-FirstCall/ -- The Board of Trustees of Lehman Brothers First Trust Income Opportunity Fund (the "Fund") has declared a year-end distribution in the amount of $0.3700 per share payable on December 31, 2007 to shareholders of record on December 21, 2007. The special distribution helps the Fund meet its 2007 distribution requirements for federal tax purposes.

Under the Fund's Automatic Dividend Reinvestment Plan (the "Plan"), each common shareholder will have all distributions automatically reinvested in additional common shares of the Fund by The Bank of New York, as agent for shareholders pursuant to the Plan, unless the shareholder ...

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