Article: Highland Distressed Opportunities, Inc. Schedules Release of June 30, 2008 Financial Results and Conference Call.

DALLAS -- Highland Distressed Opportunities, Inc. (the "Company") (NYSE: HCD) today announced that it will report financial results for the quarter ended June 30, 2008 on Friday, August 8, 2008 after the close of the financial markets.

The Company invites all interested persons to participate in its conference call on Monday, August 11, 2008 at 4:15 p.m. (Eastern Time). The dial-in number for the call is (877) 852-6580. The pass code for the conference call is 9635456. The Company will maintain an audio replay of the call for one week following the call. The replay dial-in number is (888) 203-1112. The replay pass code is 9635456.

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