DGS.PR.A Dividend Growth Split Corp

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES.


Dividend Growth Split Corp. (TSX:DGS)(TSX:DGS.PR.A) is pleased to announce that
it has completed the issuance of 125,000 class A shares and 125,000 preferred
shares for aggregate gross proceeds of $2.41 million. Shares will trade on the
Toronto Stock Exchange under the existing symbols DGS (class A shares) and
DGS.PR.A (preferred shares). This issuance was pursuant to the exercise of the
over-allotment option granted to the agents in connection with the Fund's
recently completed treasury offering. With the exercise of the over-allotment
option, the total proceeds raised by the Fund is $23.6 million.


Dividend Growth Split Corp. invests in a portfolio of common shares of high
quality, large capitalization companies, which have among the highest dividend
growth rates of those companies included in the S&P/TSX Composite Index. The
portfolio consists of common shares of the following 20 companies:




AGF Management Limited    IGM Financial Inc.         Royal Bank of Canada   
Bank of Montreal          Industrial Alliance        Shaw Communications    
                           Insurance and Financial    Inc.                  
                           Services Inc.                                    
The Bank of Nova Scotia   Manitoba Telecom Services  Sun Life Financial Inc.
                           Limited                                          
Canadian Imperial Bank    Manulife Financial         TELUS Corporation      
 of Commerce               Corporation                                      
Canadian Utilities        National Bank of Canada    The Toronto-Dominion   
 Limited                                              Bank                  
Enbridge Inc.             Power Corporation of       TransCanada Corporation
                           Canada                                           
Great-West Lifeco Inc.    Rogers Communications                             
                           Inc.                                             



The preferred shares were offered at a price of $10.00 per share. The investment
objectives for the preferred shares are to provide their holders with fixed
cumulative preferential quarterly cash distributions in the amount of $0.13125
per preferred share to yield 5.25% per annum on the original issue price, and to
return the original issue price at the time of redemption on November 30, 2014.


The class A shares were offered at a price of $9.30 per share. The investment
objectives for the class A shares are to provide their holders with regular
monthly cash distributions targeted to be $0.10 per class A share, and to
provide the opportunity for growth in net asset value per class A share.


The offering was placed through a group of agents co-led by RBC Capital Markets
and CIBC World Markets Inc., and included TD Securities Inc., BMO Nesbitt Burns
Inc., National Bank Financial Inc., Scotia Capital Inc., GMP Securities L.P.,
HSBC Securities (Canada) Inc., Mackie Research Capital Corporation, Macquarie
Private Wealth Inc., Manulife Securities Incorporated, Raymond James Ltd.,
Canaccord Genuity Corp., Dundee Securities Corporation, Desjardins Securities
Inc., and Wellington West Capital Markets Inc.


For further information, please contact your financial advisor, call Brompton's
investor relations line at 416-642-9051 (toll-free at 1-866-642-6001) 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. 


Certain statements contained in this news release constitute forward-looking
information within the meaning of Canadian securities laws. Forward-looking
information may relate to matters disclosed in this press release and to other
matters identified in public filings relating to the Fund, to the future outlook
of the Fund and anticipated events or results and may include statements
regarding the future financial performance of the Fund. In some cases,
forward-looking information can be identified by terms such as "may", "will",
"should", "expect", "plan", "anticipate", "believe", "intend", "estimate",
"predict", "potential", "continue" or other similar expressions concerning
matters that are not historical facts. Actual results may vary from such
forward-looking information. 


The securities offered have not been registered under the U.S. Securities Act of
1933, as amended, and may not be offered or sold in the United States absent
registration or any applicable exemption from the registration requirements.
This press release does not constitute an offer to sell or the solicitation of
an offer to buy securities nor will there be any sale of such securities in any
state in which such offer, solicitation or sale would be unlawful.

Dividend Growth Split (TSX:DGS.PR.A)
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