June 23, 2009 – News Today

Mulvihill Premium Canadian Bank Announces Semi-Annual Results

TORONTO, ONTARIO, June 23, 2009 (Marketwire via COMTEX) —-Mulvihill Premium Canadian Bank (TSX:PIC.A)(TSX:PIC.PR.A) (the “Fund”) today announces results for the six months ended April 30, 2009. Net realized loss before preferred share transactions amounted to $(46.1) million or $(2.62) per unit. Net asset value per Class A share was $2.15 as at April 30, 2009. Distributions to shareholders for the period amounted to $7.4 million to Preferred shareholders or $0.43 per Preferred share, and $3.4 million to Class A shareholders or $0.20 per Class A share. Each Unit consists of one Class A share and one Preferred share.