Exhibit (n)(ii) KIRKPATRICK & LOCKHART LLP 1800 Massachussetts Avenue, NW Suite 200 Washington, D.C. 20036-1221 202.778.9000 202.778.9100 Fax www.kl.com Theodore L. Press Tel: 202.778.9025 Fax: 202.778.9100 tpress@kl.com May 12, 2004 Global Income Fund, Inc. 11 Hanover Square New York, NY 10005 Ladies and Gentlemen: We serve as special tax counsel for Global Income Fund, Inc. ("Fund"), in connection with the Fund's rights offering ("Offering") as described in its Registration Statement filed with the Securities and Exchange Commission ("Commission") on Form N-2, Securities Act File Nos. 333-111045 and 811-08025 ("Registration Statement"). As such counsel, we have examined the portions of the prospectus and statement of additional information contained in the Registration Statement that relate to tax matters, substantially in the form in which the Registration Statement is to become effective. We hereby consent to the reference to our firm as special tax counsel to the Fund under the caption "Legal Matters" in the prospectus included in the Registration Statement and the filing of this consent in connection with Pre-Effective Amendment No. 1 on Form N-2 (File No. 333-111045) being filed with the Commission. In giving our consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended, or the rules and regulations of the Commission thereunder. Sincerely yours, KIRKPATRICK & LOCKHART LLP By: /s/ Theodore L. Press --------------------- Theodore L. Press