LNV Lincoln Natl Conv Secs FD

Lincoln National Convertible Securities Fund Adjourns Shareholder Meeting PHILADELPHIA, June 2 /PRNewswire-FirstCall/ -- Lincoln National Convertible Securities Fund, Inc. (NYSE:LNV) today announced that it has adjourned its Special Meeting of Shareholders (the "Meeting") until Thursday, June 16, 2005 at 11:00 a.m. The reconvened Meeting will be held at the offices of Delaware Investments, Two Commerce Square, 2001 Market Street, 2nd Floor Auditorium, Philadelphia, PA. The Meeting was adjourned to give the Fund additional time to solicit proxies. At the Meeting, the Fund's shareholders will vote on a proposal to reorganize the Fund into Delaware Dividend Income Fund ("Dividend Income Fund"), an open-end series of Delaware Group Equity Funds V, which would entail (i) the acquisition of all of the assets of the Fund by Dividend Income Fund in exchange for Class A shares of Dividend Income Fund; (ii) the pro rata distribution of such shares to the Fund's shareholders in exchange for their shares of the Fund; and (iii) the subsequent liquidation and dissolution of the Fund. If approved by shareholders of the Fund at the reconvened Meeting on June 16, 2005, the transaction is expected to close on Friday, June 24, 2005. The Fund is a closed-end, diversified investment management company managed by Delaware Management Company. Delaware Management Company is a series of Delaware Management Business Trust, a wholly owned subsidiary of Lincoln National Corporation. The Fund's primary objective is to provide a high level of total return through a combination of capital appreciation and current income. As of June 1, 2005, the Fund had total assets of approximately $84.1 million. DATASOURCE: Delaware Investments CONTACT: Christina Ward, Corporate Communications, Delaware Investments, +1-215-255-1388, ; or Priscilla Brown, Investor Relations, Lincoln Financial Group, +1-215-448-1422 Web site: http://www.delawareinvestments.com/

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