 The Board of Directors of The Gabelli Multimedia Trust Inc. GGT the Fund authorized the redemption of all remaining outstanding shares of 6.00 Series B Cumulative Preferred Stock the Series B Preferred. The redemption date is December 26, 2019 the Redemption Date, and the redemption price is 25.00 per Series B Preferred, which is equal to the liquidation preference of 25.00 per Series B Preferred. Series B Preferred shareholders of record on December 18, 2019 will receive the quarterly distribution of 0.375 per Series B Preferred on the payable date of December 26, 2019. 