Lola Brown Trust 1b Sample Contracts

IMPORTANT
Lola Brown Trust 1b • August 14th, 2006

THE OFFER AND WITHDRAWAL RIGHTS HAVE BEEN EXTENDED, AND WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON FRIDAY, DECEMBER 8, 2006, UNLESS THE OFFER IS FURTHER EXTENDED.

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IMPORTANT
Lola Brown Trust 1b • May 24th, 2005
IMPORTANT
Lola Brown Trust 1b • December 8th, 2006

THE OFFER AND WITHDRAWAL RIGHTS HAVE BEEN EXTENDED, AND WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON TUESDAY, APRIL 3, 2007, UNLESS THE OFFER IS FURTHER EXTENDED.

Has Amended Its Offer to Purchase for Cash Up to 1,620,000 Outstanding Shares of Common Stock of NEUBERGER BERMAN REAL ESTATE INCOME FUND INC. at $19.89 Net Per Share
Lola Brown Trust 1b • April 25th, 2006

THE OFFER AND WITHDRAWAL RIGHTS HAVE BEEN EXTENDED AND WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON TUESDAY, AUGUST 15, 2006, UNLESS THE OFFER IS FURTHER EXTENDED.

Has Amended and Restated Its Offer to Purchase for Cash Up to 1,620,000 Outstanding Shares of Common Stock of NEUBERGER BERMAN REAL ESTATE INCOME FUND INC. at $19.89 Net Per Share
Lola Brown Trust 1b • May 24th, 2005

THE OFFER AND WITHDRAWAL RIGHTS HAVE BEEN EXTENDED AND WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON WEDNESDAY, SEPTEMBER 14, 2005, UNLESS THE OFFER IS FURTHER EXTENDED.

Has Amended Its Offer to Purchase for Cash Up to 1,620,000 Outstanding Shares of Common Stock of NEUBERGER BERMAN REAL ESTATE INCOME FUND INC. at $19.89 Net Per Share
Lola Brown Trust 1b • August 14th, 2006

-------------------------------------------------------------------------------- Supplement No. 4 Dated August 14, 2006 Relating to the Amended and Restated Offer to Purchase Dated May 24, 2005, as amended -------------------------------------------------------------------------------- LOLA BROWN TRUST NO. 1B

AGREEMENT AND PLAN OF REORGANIZATION
Agreement and Plan of Reorganization • March 30th, 2015 • Lola Brown Trust 1b • Maryland

THIS AGREEMENT AND PLAN OF REORGANIZATION (the “Agreement”) is made as of this 5th day of March, 2015 by and among Boulder Growth & Income Fund, Inc., a Maryland corporation (“BIF” or the “Acquiring Fund”); Boulder Total Return Fund, Inc., a Maryland corporation (“BTF”), The Denali Fund Inc., a Maryland corporation (“DNY”), and First Opportunity Fund, Inc., a Maryland corporation (“FOFI”)(each of BTF, DNY and FOFI, a “Selling Fund” and collectively the “Selling Funds”) (each of the Acquiring Fund and Selling Funds referred to herein as a “Fund” and collectively, the “Funds”). The principal place of business of the Acquiring Fund and the Selling Funds is 2344 Spruce Street, Suite A, Boulder, Colorado 80302.

Has Amended Its Offer to Purchase for Cash Up to 1,620,000 Outstanding Shares of Common Stock of NEUBERGER BERMAN REAL ESTATE INCOME FUND INC. at $19.89 Net Per Share
Lola Brown Trust 1b • December 8th, 2006

THE OFFER AND WITHDRAWAL RIGHTS HAVE BEEN EXTENDED AND WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON TUESDAY, APRIL 3, 2007, UNLESS THE OFFER IS FURTHER EXTENDED.

IMPORTANT
Lola Brown Trust 1b • October 27th, 2004
IMPORTANT
Lola Brown Trust 1b • September 13th, 2005
Has Amended Its Offer to Purchase for Cash Up to 1,620,000 Outstanding Shares of Common Stock of NEUBERGER BERMAN REAL ESTATE INCOME FUND INC. at $19.89 Net Per Share
Lola Brown Trust 1b • January 3rd, 2006

THE OFFER AND WITHDRAWAL RIGHTS HAVE BEEN EXTENDED AND WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON TUESDAY, APRIL 25, 2006, UNLESS THE OFFER IS FURTHER EXTENDED.

IMPORTANT
Lola Brown Trust 1b • January 25th, 2005

THE OFFER AND WITHDRAWAL RIGHTS HAVE BEEN EXTENDED, AND WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON TUESDAY, MAY 24, 2005, UNLESS THE OFFER IS FURTHER EXTENDED.

LOLA BROWN TRUST NO. 1B and ERNEST HOREJSI TRUST NO. 1B Have Amended Their Offer to Purchase for Cash Up to 1,825,000 Outstanding Shares of Common Stock of NEUBERGER BERMAN REAL ESTATE INCOME FUND INC. at $19.89 Net Per Share
Lola Brown Trust 1b • October 4th, 2004

THE OFFER AND WITHDRAWAL RIGHTS HAVE BEEN EXTENDED AND WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON FRIDAY, OCTOBER 15, 2004, UNLESS THE OFFER IS FURTHER EXTENDED.

RECITALS
Lola Brown Trust 1b • August 17th, 2007 • Maryland
Joint Filing Agreement
Joint Filing Agreement • March 30th, 2015 • Lola Brown Trust 1b

In accordance with Rule 13d-1(k) promulgated under the Securities and Exchange of 1934, as amended, each of the undersigned hereby agrees to the joint filing on behalf of each of them of a statement on Schedule (including amendments thereto) with respect to the common stock, par value $0.0001 per share, of The Denali Fund Inc., and that this Agreement be included as an Exhibit to such joint filing.

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Joint Filing Agreement
Joint Filing Agreement • March 30th, 2015 • Lola Brown Trust 1b

In accordance with Rule 13d-1(k) promulgated under the Securities and Exchange of 1934, as amended, each of the undersigned hereby agrees to the joint filing on behalf of each of them of a statement on Schedule (including amendments thereto) with respect to the common stock, par value $0.001 per share, of First Opportunity Fund, Inc., and that this Agreement be included as an Exhibit to such joint filing.

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