The Board of Directors of DWS Global Commodities Stock Fund, Inc. (NYSE: GCS) announced that the Annual Meeting of Stockholders of the Fund for the 2009-2010 fiscal year will be held on June 28, 2010 at the New York Marriott Eastside, 525 Lexington Avenue, New York, NY 10017.
Stockholders will consider the election of Directors for the Fund, as well as a proposal submitted by a stockholder to terminate the investment management agreement between the Fund and Deutsche Investment Management Americas Inc. The close of business on April 23, 2010 has been fixed as the record date for the meeting and any postponements or adjournments thereof.
On February 22, 2010, Western Investment LLC, the same dissident stockholder who submitted the above proposal, filed a civil complaint for declaratory and injunctiverelief against the Fund in the United States District Court for the Southern District of New York seeking, among other things, an injunction compelling the Fund to (i) hold a meeting of its stockholders at the earliest date legally possible for the purpose of electing directors and (ii) recognize the voting rights of all shares beneficially owned by the plaintiff at such meeting, including those acquired after the Fund opted-in to the Maryland Control Share Acquisition Act on September 11, 2009.