 The Board of Directors of Liberty All-Star Growth Fund, Inc. NYSE: ASG has declared a distribution of 0.13 per share payable on September 8, 2020 to shareholders of record on July 24, 2020 ex-dividend date of July 23, 2020. This distribution is in accordance with the Funds current distribution policy of paying distributions on its shares totaling approximately 8 percent of its net asset value per year, payable in four quarterly installments of 2 percent. A portion of the distribution may be treated as paid from sources other than net income, including but not limited to short-term capital gain, long-term capital gain and return of capital. The final determination of the source of all distributions in 2020 for tax reporting purposes, including the percentage of qualified dividend income, will be made after year-end. 