Mulvihill World Financial Split Corp.

Mulvihill World Financial Split Corp.
Mulvihill Capital Management Inc.

Mulvihill Capital Management Inc.

April 25, 2005 16:17 ET

World Financial Split Corp.: Conference Call Notification


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: MULVIHILL WORLD FINANCIAL SPLIT CORP.

TSX SYMBOL: WFS
TSX SYMBOL: WFS.PR.A

APRIL 25, 2005 - 16:17 ET

World Financial Split Corp.: Conference Call
Notification

TORONTO, ONTARIO--(CCNMatthews - April 25, 2005) - Mulvihill Capital
management will be hosting a conference call to discuss the financial
performance of World Financial Split Corp. (TSX:WFS)(TSX:WFS.PR.A) The
conference call will be held on April 27th, 2005 at 11:00 a.m. E.S.T.
Participant call-in numbers are as follows



Toronto Local 416.470.1140
Toll-Free 1.877.793.3791

A replay of the conference call will be available by calling:

Toronto Local 416.695.5800
Toll Free 1.800.408.3053
Pass Code 3150856#


World Financial Split Corp. (the Fund") is a mutual fund corporation
which invests in a portfolio that includes common equity securities
selected from the ten largest financial services companies by market
capitalization in each of Canada, the United States and the Rest of the
World (the "Portfolio Universe"). In addition, the issuers of securities
in the Portfolio, other than Canadian issuers, must have a minimum
credit rating of "A" from Standard & Poor's Rating Services or a
comparable rating from an equivalent rating agency.

In addition, up to 20% of the Net Asset Value of the Fund may be
invested in common equity securities of financial services companies not
included in the Portfolio Universe as long as such companies have a
market capitalization at the time of investment of at least US$10
billion and for non-Canadian issuers, a minimum credit rating of "A"
from S&P or a comparable rating from an equivalent rating agency.

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
WFS.PR.A and WFS.


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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