Portland Investment Counsel Inc.

Portland Investment Counsel Inc.

December 20, 2010 16:30 ET

Global Banks Premium Income Trust-Distribution, December 2010

BURLINGTON, ONTARIO--(Marketwire - Dec. 20, 2010) - Global Banks Premium Income Trust (TSX:GBP.UN) today announced that a quarterly cash distribution in the amount of $0.04 per unit of the Trust will be paid on January 14, 2011 to unitholders of record as of December 31, 2010.

A unitholder that has continually held units since inception will have received a total of $2.81 per unit as of payment date.

Contact Information

  • Portland Investment Counsel Inc.
    Chris Wain-Lowe
    905-331-4250