Navina Capital Corp.

Navina Capital Corp.

December 29, 2009 12:00 ET

Lazard Global Convertible Bond Fund Announces Initial Monthly Distribution

TORONTO, ONTARIO--(Marketwire - Dec. 29, 2009) -

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Lazard Global Convertible Bond Fund (TSX:CBF.UN), announces its initial distribution for the month ending December 2009 of $0.0414 for each outstanding unit. This amount represents a pro rata distribution for December calculated from the time of closing of the initial public offering on December 10, 2009. Distributions are payable on January 15, 2008 to unitholders of record on December 31, 2007.

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