Blue Ribbon Fund Management Ltd.

Blue Ribbon Fund Management Ltd.
Citadel HYTES Fund
TSX : CHF.UN

Citadel HYTES Fund
Series S-1 Income Fund
TSX : SRC.UN

Series S-1 Income Fund
Citadel Premium Income Fund
TSX : CPF.UN

Citadel Premium Income Fund
Citadel S-1 Income Trust Fund
TSX : SDL.UN

Citadel S-1 Income Trust Fund
Citadel Diversified Investment Trust
TSX : CTD.UN

Citadel Diversified Investment Trust

September 17, 2009 09:17 ET

Blue Ribbon To Hold Conference Call And Webcast

TORONTO, ONTARIO--(Marketwire - Sept. 17, 2009) -

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)

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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