2008-05-09 23:08:25 -

- The Board of Directors of DWS RREEF Real Estate Fund, Inc. (AMEX: SRQ), DWS RREEF Real Estate Fund II, Inc. (AMEX: SRO) and DWS RREEF World Real Estate and Tactical Strategies Fund, Inc. (NYSE:DRP), (each, a "Fund" and collectively, the "Funds") announced the Annual Meeting of Stockholders for each Fund to be held at 1:00 pm on July 2,

2008 at the offices of Deutsche Investment Management Americas Inc., 345 Park Avenue, New York, New York. Holders of record of shares of common and preferred stock of the Funds at the close of business on May 21, 2008 are entitled to vote at the meeting and any adjournments thereof.

For more information on SRQ, SRO, and DRP please contact a representative at (800) 349.4281 or visit us on the web at www.cef.dws-scudder.com for updated information on the Funds and estimated distribution information.

Each Fund's investment objective is to provide total return through a combination of high current income and capital appreciation potential by investing primarily in real estate securities. REIT investments can be affected by interest rate moves, economic cycles, and tax and regulatory requirements. Market price, annualized distribution rates and net asset values are historical and will fluctuate and do not guarantee future results. SRQ, SRO and DRP are non-diversified funds, which means they can invest in securities of relatively few issues. This presents greater risk of loss of principal as the financial conditions or market assessments of such securities change. REIT investments can be affected by interest rate moves, economic cycles, and tax and regulatory requirements.

Past performance is no guarantee of future results. Investments in funds involve risk. Some funds have more risk than others. These include funds that allow exposure to or otherwise concentrate investments in certain sectors, geographic regions, security types, market capitalization or foreign securities (e.g., political or economic instability, which can be accentuated in emerging market countries).

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction. -0- NOT FDIC/ NCUA INSURED -- MAY LOSE VALUE -- NO BANK GUARANTEE NOT A DEPOSIT -- NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

DWS Scudder is part of Deutsche Asset Management, which is the marketing name in the US for the asset management activities of Deutsche Bank AG, Deutsche Bank Trust Company Americas, Deutsche Investment Management Americas Inc. and DWS Trust Company. Copyright (C) 2008 DWS Scudder Distributors, Inc.

(R-4015-1 5/08)

Deutsche Bank Press Office
Media: 212-250-7171
or
DWS Closed-end Funds
Investors: 800-349-4281