AMO Merrill Lynch

NEW YORK, April 19 /PRNewswire-FirstCall/ -- Alliance All-Market Advantage Fund, Inc. (NYSE:AMO) (the "Fund") today released its monthly portfolio update as of February 28, 2007. Alliance All-Market Advantage Fund, Inc. Top 10 Equity Holdings Portfolio% Country 1) Google Inc Class A 5.71% United States 2) Wellpoint Inc 5.48% United States 3) Apple Inc 5.00% United States 4) Procter & Gamble Co 4.07% United States 5) Boeing Co 3.83% United States 6) Cisco Systems Inc 3.57% United States 7) Gilead Sciences, Inc 3.42% United States 8) Franklin Res Inc 3.32% United States 9) Alcon Inc 3.09% Switzerland 10) Credit Suisse Group-spn Adr 2.88% Switzerland Sector/Industry Breakdown Portfolio% Technology: Computer Hardware/Storage 8.08% Internet Media 5.71% Communication Equipment 4.75% Semiconductor Components 4.01% Software 2.90% Computer Peripherals 1.55% Internet Infrastructure 1.06% Communication Services 0.83% SUBTOTAL 28.89% Finance: Brokerage & Money Management 10.40% Banking - Money Center 3.92% Miscellaneous 2.57% Insurance 2.11% SUBTOTAL 19.00% Consumer Services: Restaurants & Lodging 6.36% Retail - General Merchandise 5.10% Broadcasting & Cable 4.27% Cellular Communications 1.69% Entertainment & Leisure 1.00% SUBTOTAL 18.42% Healthcare: Medical Services 5.48% Biotechnology 5.36% Medical Products 4.43% SUBTOTAL 15.27% Consumer Staples: Household Products 4.59% Food 1.18% SUBTOTAL 5.77% Aerospace & Defense 5.56% Energy 3.44% Basic Industry 1.71% Consumer Manufacturing 1.03% Capital Goods 0.91% Total 100.00% Security Type Breakdown Portfolio% Domestic Equity 89.94% Foreign Equity 10.06% Total 100.00% Country Breakdown Portfolio% United States 89.94% Switzerland 5.97% Netherlands Antilles 1.62% Japan 1.03% Mexico 0.94% Bermuda 0.50% Total 100.00% Portfolio Statistics Total Net Assets: $48.0 Million Net Asset Value: $12.98 Number of Holdings: 53 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. DATASOURCE: Alliance All-Market Advantage Fund, Inc. CONTACT: Shareholder Contact, +1-800-221-5672 of Alliance All-Market Advantage Fund, Inc. Web site: http://www.alliancebernstein.com/

Copyright