WFS.PR.A World Financial Split Corp

World Financial Split Corp. (the "Fund") (TSX:WFS)(TSX:WFS.PR.A) has declared
its quarterly distribution of $0.13125 on each of its Preferred Shares payable
June 30, 2009 to shareholders of record as of June 15, 2009. To the extent that
any portion of the distributions are ordinary taxable dividends and not capital
gains dividends, they will be eligible dividends. Distributions on its Class A
shares continue to be suspended in accordance with the terms of the offering
prospectus, which states "No distribution will be paid on the Class A shares if
(i) the distributions payable on the Preferred shares are in arrears; or (ii)
after the payment of the distribution by the Company, the NAV per unit would be
less than $15.00.


The Fund is a mutual fund corporation, which invests in a portfolio that
includes common equity securities, selected from the ten largest financial
services companies by market capitalization in each of Canada, the United States
and the Rest of the World (the "Portfolio Universe"). In addition, the issuers
of securities in the Portfolio, other than Canadian issuers, must have a minimum
credit rating of "A" from Standard & Poor's Rating Services or a comparable
rating from an equivalent rating agency.


In addition, up to 20% of the Net Asset Value of the Fund may be invested in
common equity securities of financial services companies not included in the
Portfolio Universe as long as such companies have a market capitalization at the
time of investment of at least US$10 billion and for non-Canadian issuers, a
minimum credit rating of "A" from Standard & Poors Rating Service or a
comparable rating from an equivalent rating agency.


To generate additional returns above the dividend income earned on the
portfolio, the Fund may from time to time write covered call options in respect
of all or part of the common shares in the Portfolio. In addition, the Fund may
write cash covered put options in respect of securities in which the Fund is
permitted to invest.


The Fund's investment portfolio is managed by its investment manager, Mulvihill
Capital Management Inc. The Fund's Preferred and Class A shares are listed on
The Toronto Stock Exchange under the symbols WFS.PR.A and WFS.




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Distribution Details:
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Distribution per Preferred Share:           $0.13125
Distribution per Class A Share:                 $nil
Payable Date:                          June 30, 2009
Record Date:                           June 15, 2009
Ex-Dividend Date:                      June 11, 2009
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