Norstar Securities Trust Announces Resignation and Appointment of Trustee


TORONTO, ONTARIO--(Marketwire - May 12, 2011) - Norstar Securities Trust ("Norstar", the "Trust", the "Company") wishes to announce the resignation of Brenda Drisdelle as a Trustee of Norstar Securities Trust. Norstar would like to thank Ms. Drisdelle for her time and efforts, and wishes her well in all future endeavours.

The Trust also wishes to announce the appointment of Pauline Jarry as Trustee of Norstar Securities Trust.

Norstar Securities Trust operates an independent Canadian investment dealer through its limited partner, Norstar Securities Limited Partnership.

Forward-Looking Statements

This press release may contain forward-looking statements, which are subject to risks and uncertainties and other factors that may cause the Fund's results to differ materially from expectations. When reviewing the Fund's forward-looking statements, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. These include risk relating to market fluctuations, investee performance, strength of the North American and European economy, foreign exchange fluctuations and other risks not yet know to the Fund. These forward-looking statements speak only as of the date hereof. Unless otherwise required by applicable securities laws, the Fund disclaims any intention or obligation to update these forward-looking statements. The Fund does have an ongoing obligation to disclose material information as it become available. The discussion also includes cautionary statements about these matters. You should read the cautionary statements made as being applicable to all forward-looking statements wherever they appear in this document.

Contact Information:

Norstar Securities Trust
Michael Sheridan
416-619-2008
416-619-2011 (FAX)