News Release FOR IMMEDIATE RELEASE Contacts: Shareholder Contact: 1-800-221-5672 AllianceBernstein Global High Income Fund RELEASES MONTHLY PORTFOLIO UPDATE New York, NY, February 26, 2013 - AllianceBernstein Global High Income Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update as of January 31, 2013. AllianceBernstein Global High Income Fund, Inc. Top 10 Fixed Income Holdings 1) U.S. Treasury Bonds 3.125%, 2/15/42 1.69% 2) Russian Agricultural Bank OJSC Via RSHB Capital 0.93% SA 7.75%, 5/29/18 3) Republic of Brazil 12.50%, 1/05/22 0.90% 4) Argentina Bonos 7.00%, 10/03/15 0.82% 5) Ivory Coast Government International Bond 0.80% 5.75%, 12/31/32 6) Dominican Republic International Bond 8.625%, 0.69% 4/20/27 7) Turkey Government Bond 9.00%, 1/27/16 0.64% 8) El Salvador Government International Bond 0.56% 7.65%, 6/15/35 9) South Africa Government Bond Series R207 7.25%, 0.48% 1/15/20 10) Argentina Bonos Series X 7.00%, 4/17/17 0.48% Fixed Income Holdings by Security Type Corporates - Non-Investment Grades Consumer Non-Cyclical 7.22% Capital Goods 6.31% Energy 4.81% Communications - Media 4.55% Basic 4.39% Technology 3.70% Consumer Cyclical - Other 3.61% Communications - Telecommunications 3.46% Services 1.94% Other 1.67% Consumer Cyclical - Automotive 1.55% Consumer Cyclical - Retailers 1.36% Transportation - Services 0.82% Consumer Cyclical - Entertainment 0.72%
Transportation - Airlines 0.45% Consumer Cyclical - Restaurants 0.25% SUBTOTAL 46.81% Banking 2.21% Other Finance 0.95% Insurance 0.84% Finance 0.77% Brokerage 0.36% SUBTOTAL 5.13% Utility Electric 1.58% Natural Gas 1.04% SUBTOTAL 2.62% Convertible Bonds Consumer Cyclical - Automotive 0.05% SUBTOTAL 0.05% SUBTOTAL 54.61% Governments - Treasuries Treasuries 7.23% SUBTOTAL 7.23% Corporates - Investment Grades Insurance 1.61% Banking 1.49% Finance 0.47% REITS 0.47% Other Finance 0.21% SUBTOTAL 4.25% Basic 1.11% Communications - Telecommunications 0.17% Consumer Cyclical - Other 0.14% Capital Goods 0.10% Transportation - Airlines 0.07% Consumer Non-Cyclical 0.02% SUBTOTAL 1.61% Non Corporate Sectors Agencies - Not Government Guaranteed 0.39% SUBTOTAL 0.39% Utility Electric 0.06% SUBTOTAL 0.06% SUBTOTAL 6.31% Collateralized Mortgage Obligations Non-Agency Fixed Rate 3.80% Non-Agency Floating Rate 2.16% SUBTOTAL 5.96% Emerging Markets - Sovereigns 4.00% Emerging Markets - Corporate Bonds
Consumer Non-Cyclical 0.56% Basic 0.54% Communications - Media 0.53% Consumer Cyclical - Other 0.48% Communications - Telecommunications 0.28% Other 0.27% Technology 0.19% Transportation - Services 0.13% Consumer Cyclical - Retailers 0.09% Energy 0.09% Capital Goods 0.04% SUBTOTAL 3.20% Banking 0.16% Other Finance 0.14% SUBTOTAL 0.30% SUBTOTAL 3.50% Commercial Mortgage-Backed Securities Non-Agency Fixed Rate CMBS 2.88% Non-Agency Floating Rate CMBS 0.23% SUBTOTAL 3.11% Bank Loans Technology 0.49% Consumer Non-Cyclical 0.43% Consumer Cyclical - Automotive 0.24% Consumer Cyclical - Retailers 0.22% Communications - Media 0.19% Consumer Cyclical - Entertainment 0.19% Basic 0.18% Consumer Cyclical - Other 0.18% Capital Goods 0.17% Communications - Telecommunications 0.12% Other 0.11% Energy 0.07% Services 0.01% SUBTOTAL 2.60% REITS 0.28% SUBTOTAL 0.28% Non Corporate Sectors Foreign Local Government - Municipal 0.11% SUBTOTAL 0.11% Utility Other Utility 0.08% SUBTOTAL 0.08% SUBTOTAL 3.07% Quasi-Sovereigns Quasi-Sovereign Bonds 2.32% SUBTOTAL 2.32% Emerging Markets - Treasuries 2.26%
Local Governments - Municipal Bonds 1.14% Preferred Stocks 1.07% Non Corporate Sectors 0.01% SUBTOTAL 1.08% Asset-Backed Securities Home Equity Loans - Fixed Rate 0.65% Home Equity Loans - Floating Rate 0.32% SUBTOTAL 0.97% Governments - Sovereign Agencies 0.91% Governments - Sovereign Bonds 0.73% Supranationals 0.57% Local Governments - Regional Bonds 0.55% Inflation-Linked Securities 0.47% Common Stocks 0.29% Options Purchased - Puts Options on Funds and Investment Trusts 0.02% SUBTOTAL 0.02% Short-Term Investments Investment Companies 0.75% Governments - Sovereign Bonds 0.15% Total Fixed Income 100.00% Country Breakdown United States 64.32% Brazil 3.86% United Kingdom 3.45% Russia 3.30% Luxembourg 1.82% Argentina 1.47% Canada 1.39% Dominican Republic 1.28% Netherlands 1.11% Germany 1.03% Turkey 0.91% South Africa 0.89% El Salvador 0.81% Cote D'Ivoire 0.80% France 0.79% Switzerland 0.78% Indonesia 0.76% Italy 0.69% Hungary 0.68% Ireland 0.67% Mexico 0.65% Peru 0.58% Supranational 0.57% United Arab Emirates 0.53% Colombia 0.53% Portugal 0.50% Uruguay 0.47%
Croatia 0.46% Kazakhstan 0.45% Spain 0.44% Australia 0.35% Chile 0.34% Barbados 0.31% Philippines 0.30% Costa Rica 0.25% Serbia 0.25% Norway 0.25% Nigeria 0.23% Ghana 0.23% Japan 0.22% Sweden 0.19% Ukraine 0.18% Trinidad & Tobago 0.15% Czech Republic 0.12% India 0.10% Austria 0.09% China 0.09% Bermuda 0.09% Denmark 0.08% Singapore 0.08% Virgin Islands (BVI) 0.06% Greece 0.05% Total Investments 100.00% Net Currency Exposure Breakdown United States Dollar 98.27% Mexican Peso 2.02% New Turkish Lira 1.00% Russian Rubles 0.77% Indian Rupee 0.75% Brazilian Real 0.65% Uruguayan Peso 0.51% Dominican Peso 0.51% Philippine Peso 0.33% Colombian Peso 0.28% CRC 0.27% Nigerian Naira 0.26% Chilean Peso 0.23% Hungarian Forint 0.12% Australian Dollar 0.04% South African Rand 0.02% Indonesian Rupiah -0.03% Canadian Dollar -1.03% Great British Pound -1.07% Euro -1.94% Japanese Yen -1.96% Total Investments 100.00%
Credit Quality Breakdown AAA 4.49% AA 0.70% A 5.56% BBB 14.78% BB 23.94% B 31.92% CCC 14.43% CC 0.39% D 0.71% Not Rated 2.34% Short Term Investments 0.74% Total Investments 100.00% Portfolio Statistics: Average Coupon: 8.54% Average Bond Price : N/A Percentage of Leverage: Bank Borrowing: 0.00% Investment Operations: 13.00%* Preferred Stock: 0.00% Tender Option Bonds: 0.00% Term Asset-Backed Loans Facility (TALF): 0.00% Total Fund Leverage: 13.00% Average Maturity: 7.07 Years Effective Duration: 4.77 Years Total Net Assets: $1,343.85 Million Net Asset Value: $15.61 Number of Holdings: 940 Portfolio Turnover: 26% * Investment Operations may include the use of certain portfolio management techniques such as credit default swaps, dollar rolls, negative cash, reverse repurchase agreements and when-issued securities. The foregoing portfolio characteristics are as of the date indicated and can be expected to change. The Fund is a closed-end U.S.- registered management investment company advised by AllianceBernstein L. P.