Nuveen Glob Val Opp : Nuveen Global Value Opportunities Fund Declares Quarterly Distribution

Nuveen Investments, a leading provider of diversified investment services, today declared the regular quarterly distribution for the Nuveen Global Value Opportunities Fund (NYSE: JGV). This fund represents one of Nuveen Investments' several investment strategies for investors seeking to build sophisticated and diversified long-term investment portfolios to deliver cash flow. This distribution represents a $.0520 increase from the fund's previously declared quarterly distribution.

The Nuveen Global Value Opportunities Fund has adopted a managed distribution program. The goal of the fund's managed distribution program is to provide shareholders relatively consistent and predictable cash flow by systematically converting its expected long-term return potential into regular distributions. As a result, regular distributions throughout the year will likely include a portion of expected long-term gains (both realized and unrealized), along with net investment income. Distributions from Nuveen's taxable closed-end funds are generally subject to Federal income taxes. Important points to understand about Nuveen fund managed distributions are:

--		Each Nuveen fund seeks to establish a relatively stable distribution rate that roughly corresponds to the projected total return from its investment strategy over an extended period of time. However, you should not draw any conclusions about a fund's past or future investment performance from its current distribution rate.
--		Actual returns will differ from projected long-term returns (and therefore a fund's distribution rate), at least over shorter time periods. Over a specific timeframe, the difference between actual returns and total distributions will be reflected in an increasing (returns exceed distributions) or a decreasing (distributions exceed returns) fund net asset value.
--		Each quarter's distributions are expected to be paid from some or all of the following sources:
		-- net investment income (regular interest and dividends),
		-- realized capital gains, and
		-- unrealized gains, or, in certain cases, a return of principal    (non-taxable distributions)
--		A non-taxable distribution is a payment of a portion of the fund's capital. When fund returns exceed distributions, it may represent portfolio gains earned, but not realized as a taxable capital gain. In periods when fund returns fall short of distributions, it will represent a portion of your original principal unless the shortfall is offset during other time periods over the life of your investment (previous or subsequent) when the fund's total return exceeds distributions.
--		Because distribution source estimates are updated quarterly based on a fund's performance and forecast for its current fiscal year (which is the calendar year for all the funds listed below), these estimates may differ from both the tax information reported to you in your fund's 1099 statement, as well as the ultimate economic sources of distributions over the life of your investment.

Information regarding Nuveen funds' distributions and total return performance over various time periods will be sent to shareholders with their distributions, and posted on www.nuveen.com/cef .

Additionally, estimates of each fund's distribution sources, reflecting year-to-date cumulative experience will also be mailed to shareholders and shown on www.nuveen.com/cef. These estimates are for informational purposes only. The estimates are calculated on a tax basis rather than on a generally accepted accounting principles (GAAP) basis, but should not be used for tax reporting purposes. The actual amounts and sources for tax reporting purposes will depend upon each fund's investment experience during the remainder of its fiscal year. The final determination of the source and tax characteristics of all distributions will be made in early 2008 and reported to shareholders on Form 1099-DIV at that time.

		Record Date			September 15, 2007
		Ex-Dividend Date			September 12, 2007
		Payable Date			October 1, 2007
							Quarterly Distribution Per Share
									Change From
							Amount		Previous Quarter
			Global Equity
JGV			Nuveen Global Value Opportunities Fund				.4300		.0520

Nuveen Investments provides high-quality investment services designed to help secure the long-term goals of institutions and high-net-worth investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets its growing range of specialized investment solutions under the high-quality brands of NWQ, Nuveen, Santa Barbara, Tradewinds, Rittenhouse and Symphony. In total, the Company manages $172 billion in assets as of June 30, 2007. Nuveen Investments is listed on the New York Stock Exchange and trades under the symbol ?JNC.?

Nuveen Investments
Media Contact:
Kathleen Cardoza, 312-917-7813
[e-mail]
or
Maria Schwieder, 312-917-8343
[e-mail]