Blue Ribbon Fund Management Ltd.

Blue Ribbon Fund Management Ltd.

September 16, 2009 21:18 ET

Blue Ribbon To Hold Conference Call And Webcast

Citadel HYTES Fund (TSX:CHF.UN) Series S-1 income Fund (TSX:SRC.UN) Citadel Premium Income Fund (TSX:CPF.UN) Citadel S-1 Income Trust Fund (TSX:SDL.UN) Citadel Diversified Investment Trust (TSX:CTD.UN)

TORONTO, ONTARIO--(Marketwire - Sept. 16, 2009) - Blue Ribbon Fund Management Ltd. today announced it will hold a conference call and live webcast at 10:30 a.m. on Thursday, September 17, 2009.

The event will be hosted by Mark Caranci, President of Blue Ribbon and Paul Bloom, President of Bloom Investment Counsel Inc.

The purpose of the call is to set the record straight on the benefits of Blue Ribbon's proposal and to correct inaccuracies contained in the Citadel reorganization proposal.

To listen to the webcast, log on to www.therightwayforward.com or dial toll-free at 1-866-250-4877 or 416-644-3416. Quote the conference identification number: 4162080.

An audio replay of the conference call will be available until midnight on September 24, 2009. To access it, dial 416-640-1917 or 1-877-289-8525 and enter passcode 4162080#.

Voting instructions for Beneficial Unitholders

If your units are held in a brokerage account, a blue proxy/voting instruction form has been mailed to you. Please vote the blue proxy as follows: AGAINST the "Reorganization Resolution" and FOR the "Hostile Resolution" (Blue Ribbon proposal). Votes must be received no later than Friday, September 25, 2009.

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