[LOGO OMITTED] FIRST TRUST IMPORTANT NOTICE REGARDING
ADVISORS L.P. YOUR INVESTMENT
FIRST TRUST STRATEGIC HIGH INCOME FUND
1001 Warrenville Road
Lisle, Illinois 60532
-------------------------------------------------------------------------------
April 16, 2007
Dear Shareholder:
The Annual Meeting of Shareholders of the First Trust Strategic High Income Fund
scheduled for April 16, 2007 has been adjourned until April 30, 2007 in order to
provide shareholders with additional time to cast their votes. Our records
indicate that we have not received your voting instructions. PLEASE TAKE A
MOMENT NOW TO CAST YOUR VOTE SO THAT YOUR SHARES MAY BE REPRESENTED AT THE
ANNUAL MEETING. For your convenience, another copy of your ballot has been
enclosed. The ballot contains the following items on which your vote is very
important:
1. Election of Trustees; and
2. Approval of change in concentration policy.
The Board of Trustees of First Trust Strategic High Income Fund unanimously
recommends that shareholders vote FOR the election of Trustees and FOR the
change in concentration policy. More information can be found in the proxy
statement you were sent around March 20, 2007. If you need any assistance, or
have any questions, please call 1-800-761-6707 weekdays from 9:00 a.m. to 10:00
p.m. Eastern Time.
PLEASE UTILIZE ONE OF THE FOLLOWING METHODS TO SUBMIT YOUR VOTE:
[GRAPHIC OMITTED] 1. VOTE BY TELEPHONE. You may cast your vote by calling our
toll-free proxy hotline at 1-800-761-6707. Representatives
are available to record your vote Monday through Friday 9:00
a.m. to 10:00 p.m. Eastern Time.
[GRAPHIC OMITTED] 2. VOTE BY TOUCH-TONE PHONE. You may cast your vote by
telephone by calling the toll-free number found on the
enclosed proxy ballot(s).
[GRAPHIC OMITTED] 3. VOTE THROUGH THE INTERNET. You may cast your vote using
the Internet by logging into the Internet address located on
the enclosed proxy ballot(s) and following the instructions
on the website.
[GRAPHIC OMITTED] 4. VOTE BY MAIL. You may cast your vote by signing, dating
and mailing the enclosed proxy ballot in the postage-prepaid
return envelope provided. Please allow enough time so that
your vote will be received no later than April 30, 2007.
Please do not hesitate to CALL TOLL-FREE 1-800-761-6707 if you have any
questions regarding this matter. Thank you for your assistance with this
important matter.
Sincerely,
/s/ James A. Bowen
James A. Bowen
Chairman of the Board
NOBO
[LOGO OMITTED] FIRST TRUST IMPORTANT NOTICE REGARDING
ADVISORS L.P. YOUR INVESTMENT
FIRST TRUST STRATEGIC HIGH INCOME FUND
1001 Warrenville Road
Lisle, Illinois 60532
-------------------------------------------------------------------------------
April 16, 2007
Dear Shareholder:
The Annual Meeting of Shareholders of the First Trust Strategic High Income Fund
scheduled for April 16, 2007 has been adjourned until April 30, 2007 in order to
provide shareholders with additional time to cast their votes. Our records
indicate that we have not received your voting instructions. PLEASE TAKE A
MOMENT NOW TO CAST YOUR VOTE SO THAT YOUR SHARES MAY BE REPRESENTED AT THE
ANNUAL MEETING. For your convenience, another copy of your ballot has been
enclosed. The ballot contains the following items on which your vote is very
important:
1. Election of Trustees; and
2. Approval of change in concentration policy.
The Board of Trustees of First Trust Strategic High Income Fund unanimously
recommends that shareholders vote FOR the election of Trustees and FOR the
change in concentration policy. More information can be found in the proxy
statement you were sent around March 20, 2007. If you need any assistance, or
have any questions, please call 1-800-761-6707 weekdays from 9:00 a.m. to 10:00
p.m. Eastern Time.
PLEASE UTILIZE ONE OF THE FOLLOWING METHODS TO SUBMIT YOUR VOTE:
[GRAPHIC OMITTED] 1. VOTE BY TOUCH-TONE PHONE. You may cast your vote by
telephone by calling the toll-free number found on the
enclosed proxy ballot(s).
[GRAPHIC OMITTED] 2. VOTE THROUGH THE INTERNET. You may cast your vote using
the Internet by logging into the Internet address located on
the enclosed proxy ballot(s) and following the instructions
on the website.
[GRAPHIC OMITTED] 3. VOTE BY MAIL. You may cast your vote by signing, dating
and mailing the enclosed proxy ballot in the postage-prepaid
return envelope provided. Please allow enough time so that
your vote will be received no later than April 30, 2007.
Please do not hesitate to CALL TOLL-FREE 1-800-761-6707 if you have any
questions regarding this matter. Thank you for your assistance with this
important matter.
Sincerely,
/s/ James A. Bowen
James A. Bowen
Chairman of the Board
OBO