LEO BNY Mellon Strategic Municipals Inc

Each of Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE: DSM) and Dreyfus Strategic Municipals, Inc. (NYSE: LEO) today called for the partial redemption, at par value on a pro-rata basis by series in the amounts and on the dates indicated below, of the Funds’ auction rate preferred securities (“ARPS”).* The Board of each Fund previously had authorized the redemption of up to 25% of its outstanding ARPS.

DSM is redeeming $7.575 million of its originally issued and outstanding $186 million of ARPS. To date, DSM has redeemed and/or called for redemption an aggregate of $44.1 million of its ARPS (including the ARPS noted in the following chart).

                         

Series

   

Cusip#

    Total Shares

To Be

Redeemed

    Total Amount

To Be

Redeemed

    Redemption

Date

A     26202F206     101     $2,525,000     January 18, 2011 B     26202F305     101     $2,525,000     January 20, 2011 C     26202F404     101     $2,525,000     January 18, 2011                

LEO is redeeming $12.75 million of its originally issued and outstanding $285 million of ARPS. To date, LEO has redeemed and/or called for redemption an aggregate of $69.0 million of its ARPS (including the ARPS noted in the following chart).

                         

Series

   

Cusip#

    Total Shares

To Be

Redeemed

    Total Amount

To Be

Redeemed

    Redemption

Date

M     261932206     102     $2,550,000     January 18, 2011 T     261932305     102     $2,550,000     January 19, 2011 W     261932404     102     $2,550,000     January 20, 2011 TH     261932503     102     $2,550,000     January 21, 2011 F     261932602     102     $2,550,000     January 18, 2011                

Additional information relative to each Fund’s ARPS can be accessed at http://www.dreyfus.com/ars.

* Redemptions will be allocated among participating broker-dealers by The Depository Trust Company using a predetermined methodology, and each broker-dealer will allocate the redeemed shares to the underlying beneficial owners according to its own procedures.