A meeting of shareholders to approve the mergers of Evergreen Blue
Chip Fund and Evergreen Fund into Evergreen Fundamental Large Cap Fund
(formerly Evergreen Growth and Income Fund) and of Evergreen
Foundation Fund into Evergreen Balanced Fund was adjourned until April
26, 2005 to allow additional time for proxy solicitation. 200 Berkeley Street, Boston , MA 02116
An investor should consider the funds' investment objectives,
risks, charges and expenses carefully before investing or sending
money.

Dividend Declaration: Delaware Investments Dividend and Income Fund Inc.

Through a
broad range of managed accounts and portfolios, mutual funds, retirement plan
services, sub-advised funds, college savings plans and other investment
products, Delaware Investments provides investment services to individual
investors and to institutional investors such as private and public pension
funds, foundations, and endowment funds. Lincoln Financial Group is the marketing
name for Lincoln National Corporation (NYSE: LNC) and its affiliates.

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The
surviving fund is managed by William E.

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Evergreen VA Fundamental Large Cap Fund (formerly Evergreen VA
Growth and Income Fund): Following the merger and objective change,
the fund will seek to provide capital growth with the potential for
current income by investing primarily in common stocks of large and
mid-sized companies whose market capitalizations fall within the
Russell 1000 Index. (the "Fund") (NYSE: DDF), a New
York Stock Exchange-listed closed-end fund trading under the symbol "DDF ,"
declares a monthly dividend of eight cents per share.

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The Fund is a diversified closed-end fund.
For more information on Delaware Investments, visit the company at
http: //www.

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The
surviving fund equity portion is managed by Walter McCormick and the
Value Equity Team , and the bond portion of the surviving fund is
managed by Tattersall Advisory Group, an affiliated investment advisor
to Evergreen Investment Management Co.evergreeninvestments. The Fund seeks to achieve its objectives by investing, under
normal circumstances, at least 65 percent of its total assets in
income-generating equity securities, including dividend-paying common stocks,
convertible securities, preferred stocks and other equity-related securities.

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Evergreen Investments Announces Changes to Fund Line-up

Funds that invest in high yield,
lower-rated bonds may contain more risk due to the increased
possibility of default.
Value-based investments are subject to the risk that the broad market
may not recognize their intrinsic value. Evergreen Investments
manages more than $248 billion in assets (as of March 31, 2005). For
more information on Lincoln Financial Group, visit http://www.com.

investor investors

The surviving fund is managed by Walter McCormick and members
of the Value Equity team.
Up to 35 percent of the Fund's total assets may be invested in non-convertible
debt securities consisting primarily of high-yield, high-risk corporate bonds.
In 1995, the Fund implemented a managed distribution policy.

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More details
will be provided as they become available.
The following provides information about the surviving funds:

Evergreen Large Cap Equity Fund: The fund seeks to provide maximum
capital growth greater than that of the S+P 500 Index by investing
primarily in a diversified portfolio of common stocks of U.

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Business Editors

BOSTON----Evergreen Investments
today announced the successful completion of changes to the Evergreen
fund line-up first announced in December 2004.

Evergreen Balanced Fund: The fund seeks to provide long-term total
return through capital growth and total income by investing in a
combination of domestic stocks and investment grade bonds. The surviving fund is managed by Walter McCormick
and members of the Value Equity team.

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For
more information on Evergreen, please visit
www. This dividend is
payable March 31, 2006 to shareholders of record at the close of business on
March 17, 2006 .

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About Evergreen Investments

Evergreen Investments is the brand name under which Wachovia
Corporation (NYSE:WB) conducts its investment management business and
is a leading asset management firm serving more than four million
individual and institutional investors through a broad range of
investment products. Under the
policy, the Fund is managed with a goal of generating as much of the dividend
as possible from ordinary income (net investment income and short-term capital
gains ).

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" Although each
of these two funds maintains a strategy that calls for considering
securities with the possibility of income, this type of investment is
secondary to the objective of capital growth.
companies expected to experience growth in earnings and price. Bond funds have the same inflation ,
interest rate and credit risks that are associated with the individual
bonds held by the fund . The primary investment
objective is to seek high current income; capital appreciation is a secondary
objective.

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The following changes
occurred:
Fund mergers:

Evergreen Masters Fund into Evergreen Large Cap Equity Fund

Fund
-- Evergreen VA Special Equity Fund into Evergreen VA Growth Fund
-- Evergreen VA Fund into Evergreen VA Growth and Income Fund

Fund name changes:

-- Evergreen Growth and Income Fund renamed Evergreen Fundamental
Large Cap Fund
-- Evergreen VA Growth and Income Fund renamed Evergreen VA
Fundamental Large Cap Fund
-- Evergreen VA Foundation Fund renamed Evergreen VA Balanced Fund

Objective changes:

-- Objectives for Evergreen Fundamental Large Cap Fund (formerly
Evergreen Growth and Income Fund) and Evergreen VA Fundamental Large
Cap Fund (formerly Evergreen VA Growth and Income Fund) changed from
"capital growth in the value of its shares and current income" to
"capital growth with the potential for current income .

Evergreen VA Growth Fund: The fund seeks to provide long-term
capital growth by investing primarily in common stocks of small to
mid-sized companies which the fund's manager believes are
demonstrating strong and consistent earnings growth not fully
recognized in their stock price .
The funds' investment objectives are nonfundamental and may be
changed without a vote of the funds' shareholders. Smaller
capitalization stock investing may offer the potential for greater
long -term results; however, it is also generally associated with
greater price volatility due to the higher risk of failure.
In addition, the Fund utilizes leveraging techniques in an attempt to obtain a
higher return for the Fund.

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To obtain a prospectus,
please contact your financial advisor or visit
EvergreenInvestments . Led by 350 investment professionals, Evergreen
Investments strives to meet client investment objectives through
disciplined, team-based asset management. The balance of the dividend then comes from long -term capital gains
and, if necessary, a return of capital.delawareinvestments.

investor investors

The surviving fund is managed by
Theodore Price and members of the Small Cap Growth team. The ex-dividend date will be March 15, 2006.

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Zieff and members of the
Global Structured Products team.

Evergreen Fundamental Large Cap Fund (formerly Evergreen Growth
and Income Fund): Following the merger and objective change , the fund
will seek to provide capital growth with the potential for current
income by investing primarily in common stocks of large and mid-sized
companies whose market capitalizations fall within the Russell 1000
Index. This and other important information about the investment
company can be found in the fund prospectus.

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Generally, the value of bond funds rise when
prevailing interest rates fall and fall when interest rates rise. There is no assurance that the Fund will achieve
its investment objectives.

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PHILADELPHIA, Today, Delaware
Investments Dividend and Income Fund, Inc .

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Evergreen funds are distributed by Evergreen Investment Services,
Inc. Please read the prospectus carefully before
investing. The return of principal is not guaranteed due
to fluctuation in the NAV of a bond fund caused by changes in the
price of the individual bonds held by a fund and the buying and
selling of bonds by a fund. and its subsidiaries.

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Foreign
investments may contain more risk due to the inherent risks associated
with changing political climates, foreign market instability and
foreign currency fluctuations.

About Delaware Investments:
Delaware Investments , an affiliate of Lincoln Financial Group, is a
Philadelphia-based diversified asset management firm with more than
$110 billion in assets under management as of December 31, 2005. Delaware Investments is the
marketing name for Delaware Management Holdings, Inc.

Features web sites containing consumer information related to the topic of Investing.

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