Harvest Portfolios Group Inc. Announces Completion of the Conversion of the Canadian Premium Select Income Fund by Way of Merger


OAKVILLE, ONTARIO--(Marketwired - Nov. 25, 2013) - Harvest Portfolios Group Inc. announces the completion of the conversion of the Canadian Premium Select Income Fund (the "Fund") into an open-end mutual fund by way of a merger on a tax-deferred basis with Harvest Canadian Income & Growth Fund ("the Merger").

Each issued and outstanding unit of the Fund received 0.8531 Class R units (Front End Sales Charge Option) of the Harvest Canadian Income & Growth Fund in connection with the Merger. The exchange ratio was determined by dividing (i) the net asset value per unit of the Fund as at the close of business on November 22, 2013 ($12.2288 per unit) by (ii) the net asset value per Class R unit (Front End Sales Charge Option) of the Harvest Canadian Income & Growth Fund as at the close of business on November 22, 2013 ($14.3345 per unit).

Pursuant to the completion of the Merger, the Fund is now terminated.

For more information on the Merger and the funds managed by Harvest Portfolios Group Inc., please visit our website at www.harvestportfolios.com.

Contact Information:

Harvest Portfolios Group Inc.
Paul MacDonald
Chief Compliance Officer
Vice President, Investments
416-649-4541
pmacdonald@harvestportfolios.com

Harvest Portfolios Group Inc.
Mary Medeiros
Senior Vice President, Operations
416-649-4541
mmedeiros@harvestportfolios.com
www.harvestportfolios.com