Lazard World Dividend & Income Fund, Inc.

expiry = 2019-08-21...itions set forth in the enclosed Offer to Purchase and the related letter of transmittal (which together, as they may be amended and supplemented from time to time, constitute the “Offer”). The Offer will expire at 5:00 p.m., New York City time, on August 21, 2019, unless extended (such date and time, as the same may be extended, the “Expiration Date”). On the terms and subject to the conditions of the Offer, the Fund will pay a purchase price per share for shares validly tendered and not properly w...

listed = True...transaction for you. If you wish to tender shares and your shares are registered in the name of a broker, dealer, commercial bank, trust company or other nominee, you must contact that nominee and have the nominee tender your shares for you. The Fund’s shares are listed on the NYSE under the ticker symbol “LOR.” The NAV per share as of the close of the regular trading session of the NYSE on July 15, 2019 was $10.97 per share and the last reported sale price on the NYSE on such date for a share was $10.02. The Fund’s NAV is determined each day the NYSE is open for trading as of the close of regular trading on the NY...

mechanism = NAV_PERCENT...Nathan A. Paul President July 25, 2019 LAZARD WORLD DIVIDEND & INCOME FUND, INC. c/o Lazard Asset Management LLC 30 Rockefeller Plaza New York, New York 10112 (800) 823-6300 OFFER TO PURCHASE Up to 1,376,037 Shares of Common Stock At a Cash Purchase Price of 98% of Net Asset Value Per Share by LAZARD WORLD DIVIDEND & INCOME FUND, INC. THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON AUGUST 21, 2019 UNLESS THE FUND EXTENDS THE OFFER. SUMMARY TERM SHEET Lazard World Dividend & Income Fund, Inc. (the “Fund”) is providing this summary term sheet for your convenience. It highlights the most materi...

price = USD 10.75...stockholders tendered all shares offered for purchase pursuant to the Offer, payments by the Fund to the participating stockholders would be approximately $14,789,296 (based on a price per share of $10.75, which is approximately 98% of the NAV per share as of the close of the regular trading session of the NYSE on July 15, 2019). To pay the aggregate purchase price of shares accepted for payment pursuant to the Offer, th...

threshold = 100...ered by each stockholder (and not timely withdrawn), unless the Fund determines not to purchase any shares as described in Section 6 of this Offer to Purchase. This Offer will not have any special pro ration provision for odd-lot tenders, which means that all odd-lot tenders (including stockholders who own fewer than 100 shares) are subject to pro ration. The Fund’s present intention, if the Offer is oversubscribed, is not to purchase more than 1,376,037 shares. See Section 1. • If I decide not to tender, how will the Offer affect my shares? Stockholders who choose not to tender will own a greater percentage interest in the Fund’s outstanding shares of common s...

txn_type = TENDER_OFFER...dend & Income Fund, Inc. (the “Fund”) is offering to purchase for cash up to 1,376,037 (approximately 20%) of its issued and outstanding shares of common stock, $0.001 par value per share, upon the terms and subject to the conditions set forth in the enclosed Offer to Purchase and the related letter of transmittal (which together, as they may be amended and supplemented from time to time, constitute the “Offer”). The Offer will expire at 5:00 p.m., New York City time, on August 21, 2019, unless extended (such date and time, as the same may be extended, the “Expiration Date”). On the terms and subject to the co...