Barclays Global Investors Canada Limited (iShares)

December 17, 2008 14:15 ET

Barclays Canada Announces Revised Estimated Annual Reinvested Distributions for the iShares Funds

TORONTO, ONTARIO--(Marketwire - Dec. 17, 2008) - Barclays Global Investors Canada Limited (iShares)(TSX:XBB) (TSX:XCB) (TSX:XCG) (TSX:XCV) (TSX:XDV) (TSX:XEG) (TSX:XFN) (TSX:XGB) (TSX:XGD) (TSX:XIC) (TSX:XIN) (TSX:XIT) (TSX:XIU) (TSX:XLB) (TSX:XMA) (TSX:XMD) (TSX:XRB) (TSX:XRE) (TSX:XSB) (TSX:XSP) (TSX:XTR) (TSX:XSU) (TSX:XEN) (TSX:XCS) (TSX:XCR) (TSX:XGR) (TSX:XGC) (TSX:XAL) -

Barclays Global Investors Canada Limited (Barclays Canada) announces today the revised estimated annual reinvested distributions for iShares® exchange traded funds. These annual reinvested distributions generally represent realized capital gains within the funds or special dividends received by the funds. The reinvested distributions are not paid in cash but will be reported as taxable distributions and can be used to increase the investor's adjusted cost base of the fund. These estimated reinvested distributions do not include the fourth quarter cash distributions which are reported in a separate press release. These estimates replace the previous estimates issued in a press release dated November 13, 2008.

Unitholders of record on December 30, 2008 will receive reinvested distributions payable on December 31, 2008. The ex-dividend date will be December 24, 2008. The actual taxable amounts of reinvested and cash distributions for 2008, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc.) early in 2009.

The following chart shows the estimated annual reinvested distributions per unit for each of the iShares funds.



----------------------------------------------------------------------------
Esti-
mated
Rein-
vested Per-
Distri- cent of
bution Per December 15
Unit to 2008
Fund Dec 15, NAV
Fund Name Ticker 2008 ($) per unit
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iShares CDN Bond Index Fund XBB 0.000 0.0%
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iShares CDN Corporate Bond Index Fund XCB 0.000 0.0%
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iShares CDN Growth Index Fund XCG 0.024 0.1%
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iShares CDN S&P/TSX Small Cap Index Fund XCS 0.004 0.1%
----------------------------------------------------------------------------
iShares CDN Value Index Fund XCV 0.000 0.0%
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iShares CDN Dividend Index Fund XDV 0.000 0.0%
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iShares CDN Energy Sector Index Fund XEG 0.000 0.0%
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iShares CDN Jantzi Social Fund XEN 0.014 0.1%
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iShares CDN Financial Sector Index Fund XFN 0.003 0.0%
----------------------------------------------------------------------------
iShares CDN Government Bond Index Fund XGB 0.000 0.0%
----------------------------------------------------------------------------
iShares CDN S&P/TSX Global Gold Index Fund XGD 0.000 0.0%
----------------------------------------------------------------------------
iShares CDN Composite Index Fund XIC 0.004 0.0%
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iShares CDN MSCI EAFE Index Fund XIN 0.000 0.0%
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iShares CDN Tech Sector Index Fund XIT 0.802 18.3%
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iShares CDN LargeCap 60 Index Fund XIU 0.156 1.2%
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iShares CDN Long Bond Index Fund XLB 0.000 0.0%
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iShares CDN Materials Sector Index Fund XMA 0.081 0.7%
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iShares CDN Completion Index Fund XMD 0.001 0.0%
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iShares CDN Real Return Bond Index Fund XRB 0.446 2.5%
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iShares CDN REIT Sector Index Fund XRE 0.015 0.2%
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iShares CDN Short Bond Index Fund XSB 0.000 0.0%
----------------------------------------------------------------------------
iShares CDN S&P 500 Index Fund XSP 0.000 0.0%
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iShares CDN Russell 2000 Index Fund XSU 0.000 0.0%
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iShares CDN Income Trust Sector Index Fund XTR 0.001 0.0%
----------------------------------------------------------------------------
iShares Conservative Core
Portfolio Builder Fund XCR 0.013 0.1%
----------------------------------------------------------------------------
iShares Growth Core
Portfolio Builder Fund XGR 0.020 0.1%
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iShares Global Completion
Portfolio Builder Fund XGC 0.020 0.1%
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iShares Alternatives Completion
Portfolio Builder Fund XAL 0.030 0.2%
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Possible changes to reinvested distribution per unit amounts

The amounts shown above could change if the iShares® Funds experience subscriptions or redemptions prior to the December 24th ex-dividend date. Barclays Canada will issue a final press release on December 24, 2008 which will provide the final amounts.

Changes in capital gains from October 16, 2008 estimates

On November 13, 2008, Barclays Canada issued a press release showing the estimated capital gains distributions as of October 16, 2008. As noted in the press release, these were estimates only and Barclays Canada expected the actual distributions to differ from these estimates. Certain corporate actions, including the removal of Fording Canadian Coal Trust from several of the indexes after October 16th, caused the actual distribution amounts for a few of the iShares Funds to differ from the previous estimated amounts. Further information on iShares Funds can be found at www.ishares.ca.

About Barclays Canada

Barclays Canada is an indirect subsidiary of Barclays PLC and part of Barclays Global Investors (BGI), a division of Barclays PLC and one of the largest institutional investment managers in the world and the largest manager of index funds and exchange traded funds (ETFs). BGI leads the world in ETFs, with over 200 iShares Funds representing over $290 (USD) billion in assets. As at November 30, 2008, Barclays Canada managed over $53 billion in Canadian assets and in other assets for Canadian clients, including over $14 billion in the TSX-listed iShares Funds. Barclays Canada has offices in Toronto and Montreal.

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