Mulvihill Summit Digital World

Mulvihill Summit Digital World
Mulvihill Capital Management Inc.

Mulvihill Capital Management Inc.

March 02, 2005 16:03 ET

Mulvihill Summit Digital World Declares Quarterly Distribution


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: MULVIHILL SUMMIT DIGITAL WORLD

TSX SYMBOL: DWT.UN

MARCH 2, 2005 - 16:03 ET

Mulvihill Summit Digital World Declares Quarterly
Distribution

TORONTO, ONTARIO--(CCNMatthews - March 2, 2005) - Mulvihill Summit
Digital World (the "Fund")(TSX:DWT.UN) has declared its quarterly
distribution of C$0.10 per Unit payable March 31, 2005 to unitholders of
record as of March 15, 2005.

The Fund achieves its investment objectives by investing in a
diversified portfolio of Common Shares issued by leading digitally based
companies. These companies are either listed on a major North American
stock exchange or quoted on NASDAQ with a market capitalization in
excess of US$5.0 billion. They must operate within the sectors of
Telecommunication Services, Telecommunication Equipment Suppliers,
Enabling Hardware and Software, and Related Digital Commerce, Services
and Products, the "Digital World Universe".

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 securities in its portfolio. In addition,
the Fund may write cash covered put options in respect of securities in
which it is permitted to invest.

Mulvihill Summit Digital World offers investors the opportunity to
conveniently acquire additional units of the Fund by reinvesting their
cash distributions through the Fund's Distribution Reinvestment Plan.
Unitholders may enroll in the Plan by contacting their investment
advisor.

The Fund's investment portfolio is managed by its investment manager,
Mulvihill Capital Management Inc. Fund units are listed on The Toronto
Stock Exchange under the symbol DWT.UN.



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Distribution Details:
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Distribution per Unit: $0.10
Payable Date: March 31, 2005
Record Date: March 15, 2005
Ex-Dividend Date: March 11, 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 Stuctured 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