Securities and Exchange Commission

Washington, DC 20549

Rule 23c-2 Notice of Intention to

Redeem Securities

of

Cohen & Steers Global Income Builder, Inc.

280 Park Avenue

New York, New York 10017

under the

Investment Company Act of 1940

Securities Act File No. 333-145189

Investment Company Act File No. 811-22057

The undersigned registered closed-end investment company hereby notifies the Securities and Exchange Commission that it intends to redeem securities of which it is the issuer, as set forth below in accordance with the requirements of Rule 23c-2 under the Investment Company Act of 1940 (the “Act”), and states that it is filing this notice with the Commission pursuant to permission granted by the Commission staff fewer than 30 days prior to the date set for the redemption.

Series W7 Taxable Auction Market Preferred Shares, liquidation preference $25,000 (“Series W7 Shares”).

Series W7 Shares will be redeemed on July 17, 2008.

Series W7 Shares are to be redeemed pursuant to Part I, Section 3(a)(i) of the Articles Supplementary of the Company dated as of October 17, 2007.

The Company intends to redeem, pro-rata (subject to the methodology employed by The Depository Trust Company and the underlying broker-dealers, in a manner that is fair and equitable to all holders), a portion of Series W7 Shares, representing 1,880 Series W7 Shares having an aggregate principal amount of $47,000,000.

SIGNATURE

Pursuant to the requirement of Rule 23c-2 under the Investment Company Act of 1940, the Company has duly caused this Notice of Intention to Redeem Securities to be signed on its behalf by the undersigned on this 20^th day of June, 2008.