TORONTO, ONTARIO (TSX: DGS.PR.A) has completed its initial public offering of 1,480,000 class A shares at $15.00 per share and 1,480,000 preferred shares at $10.00 per share for gross proceeds of $37,000,000. The preferred shares have been rated Pfd-2 by Dominion Bond Rating Service Limited. The class A shares and preferred shares begin trading today on the Toronto Stock Exchange under the symbols DGS and DGS.PR.A respectively.

Dividend Growth Split Corp. has been created to provide investors with an investment in 20 large capitalization Canadian equities that have demonstrated the highest dividend growth rates over a five year period and have a current dividend yield of at least 2% per annum, utilizing a split share structure on a low cost basis.

Class A shareholders will receive the benefits of monthly cash distributions targeted to be 8.0% per annum, low management fees and the opportunity for growth in net asset value. Preferred shareholders will receive attractive quarterly distributions of 5.25% per annum supported by the high credit quality of the underlying assets. Highstreet Asset Management Inc. has been retained to selectively write covered call and cash covered put options to generate additional distributable income for the fund.

The syndicate of agents for the offering was co-led by RBC Capital Markets, CIBC World Markets Inc. and Scotia Capital Inc. and includes TD Securities Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc., HSBC Securities (Canada) Inc., Canaccord Capital Corporation, Desjardins Securities Inc., Dundee Securities Corporation, Raymond James Ltd., Wellington West Capital Inc., Blackmont Capital Inc., IPC Securities Corporation and Research Capital Corporation.

For further information, please contact your financial advisor or visit our website at www.bromptongroup.com.

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the fund's publicly filed documents which are available from SEDAR at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Contacts: Brompton Funds Management Limited David E. Roode Senior Vice-President (416) 642-6008 Website: www.bromptongroup.com

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