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Dreyfus High Yield Strategies Fund Declares Dividend  
Mar. 27, 2008

Dreyfus High Yield Strategies Fund Declares Dividend

NEW YORK, Mar. 27 /PRNewswire/ --

NEW YORK, March 27 /PRNewswire-FirstCall/ -- On March 27, 2008, the Board of Trustees of Dreyfus High Yield Strategies Fund declared from net investment income a monthly cash dividend of $0.0285 per share of beneficial interest, payable on April 28, 2008 to shareholders of record at the close of business on April 11, 2008. The ex-dividend date is April 9, 2008. The previous dividend declared in February was $0.0285 per share of beneficial interest.

For Press Inquiries: For Other Inquiries: The Dreyfus Corporation MBSC Securities Corporation Patrice M. Kozlowski The National Marketing Desk (212) 922-6030 200 Park Avenue New York, New York 10166 1-800-334-6899

The Dreyfus Corporation

CONTACT: Media, Patrice M. Kozlowski of The Dreyfus Corporation,
+1-212-922-6030; or Other Inquiries, MBSC Securities Corporation, The
National Marketing Desk, 1-800-334-6899

Web site: http://www.dreyfus.com/

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