Connor, Clark & Lunn TIGERS Trust

July 20, 2005 18:00 ET

Connor, Clark & Lunn TIGERS Trust Declares Monthly Distribution

TORONTO, ONTARIO--(CCNMatthews - July 20, 2005) - Connor, Clark & Lunn TIGERS Trust (the "Trust") (TSX:CCT.UN) today announced a monthly cash distribution of $0.149 per unit. The distribution represents an annualized rate of approximately 10% of the current net asset value of the Trust. Payment will be made to unit holders of record at the close of business on July 29, 2005 and will be distributed on August 15, 2005.

The Trust is a mutual fund trust that invests in a diversified portfolio consisting principally of the equity securities of companies selected from the S&P 500 Index. The Trust aims to provide regular, monthly tax-advantaged cash distributions while endeavouring to preserve and potentially enhance the value of the Trust's portfolio upon termination of the Trust on or about December 15, 2009.

Connor, Clark & Lunn Capital Markets Inc. is the Manager of the Trust and is part of the Connor, Clark & Lunn Financial Group of companies which manage approximately $28.44 billion in financial assets.

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