Mulvihill Premium Split Share

Mulvihill Premium Split Share
Mulvihill Capital Management Inc.

Mulvihill Capital Management Inc.

January 04, 2005 16:03 ET

Mulvihill Premium Split Share Quarterly Dividend Declared


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: MULVIHILL PREMIUM SPLIT SHARE

TSX SYMBOL: MUH.A
TSX SYMBOL: MUH.PR.A

JANUARY 4, 2005 - 16:03 ET

Mulvihill Premium Split Share Quarterly Dividend
Declared

TORONTO, ONTARIO--(CCNMatthews - Jan. 4, 2005) - Mulvihill Premium Split
Share (the "Fund") (TSX:MUH.A)(TSX: MUH.PR.A) has declared its quarterly
dividend of $0.206250 on each of its Preferred Shares and $0.30 on each
of its Class A shares, payable January 31, 2005 to shareholders of
record as of January 17, 2005. The amount of the dividend may be subject
to minor adjustment.

The Fund is a mutual fund corporation, which invests its net assets in a
diversified portfolio consisting principally of common shares, issued by
some or all of a group selected from the TSX 300 Index. In order to meet
its investment objectives, the Fund may, from time to time invest up to
20% of the cost amount of its assets in common shares issued by
corporations selected from the Standard & Poors 100 Index. 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
MUH.PR.A and MUH.A.



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Distribution Details:
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Dividend per Preferred Share: $0.206250
Regular Dividend per Class A Share: $0.30
Payable Date: January 31, 2005
Record Date: January 17, 2005
Ex-Dividend Date: January 13, 2005
--------------------------------------------------------


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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Mulvihill Structured Products
    John Mulvihill
    President & CEO
    (416) 681-3966 or (800) 725-7172
    or
    Mulvihill Structured Products
    Bruce Graham
    Vice President
    (416) 681-3966 or (800) 725-7172
    hybrid@mulvihill.com
    www.mulvihill.com
    A member of the Mulvihill Capital Management Inc. Group of Funds