Economic Investment Trust Limited Announces Investment Management Change

TORONTO, ONTARIO--(Marketwire - Aug. 7, 2012) - Economic Investment Trust Limited (TSX:EVT) announces that Burgundy Asset Management Ltd. has been appointed to provide portfolio management services for Economic's managed assets of approximately $188 million, or 41% of the assets of the Company, replacing Sanford C. Bernstein & Co., LLC.

Burgundy is a leading global investment manager based in Toronto, Ontario.