Sentry Select Capital Corp.

Sentry Select Capital Corp.
Alliance Split Income Trust Capital Units
TSX : ASI.UN

Sentry Select Diversified Income Trust
TSX : SDT.UN

Diversified Income Trust II
TSX : DTT.UN

MULTI SELECT INCOME TRUST CAPITAL UNITS
TSX : MST.UN

Pro-Vest Growth & Income Fund
TSX : PRG.UN

Premier Value Income Trust
TSX : PVN.UN

Select 50 S-1 Income Trust
TSX : SON.UN

Select 50 S-1 Income Trust II
TSX : SDE.UN

Sentry Select Commodities Income Trust
TSX : SSJ.UN

Sentry Select Commodities Income Trust
SENTRY SELECT FOCUSED GROWTH & INCOME TRUST
TSX : SFG.UN

COMMERCIAL AND INDUSTRIAL SECURITIES INCOME TRUST
TSX : COI.UN

Sentry Select MBS Adjustable Rate Income Fund II
TSX : MGS.UN

Oil Sands and Energy Mega-Projects Trust
TSX : OSM.UN

Sentry Select 40 Split Income Trust Capital Units
TSX : SFO.UN

Precious Metals and Mining Trust
TSX : MMP.UN

May 13, 2008 17:19 ET

Sentry Select Capital Corp. Announces May 2008 Distributions

TORONTO, ONTARIO--(Marketwire - May 13, 2008) - Sentry Select Capital Corp. ("Sentry Select") is pleased to announce the May 2008 distribution amounts for the following income trusts.



----------------------------------------------------------------------------
TSX
trading
price
Distri- per
bution Distri- unit
amount bution as of Annua-
Trading (per Record Payable amount May 12, lized
Trust symbol unit) date date annualized 2008 yield
----------------------------------------------------------------------------
Alliance Split
Income Trust
Capital May 30, June 13,
Units ASI.UN $0.0825 2008 2008 $0.99 $15.50 6.4%
----------------------------------------------------------------------------
Sentry Select
Diversified May 30, June 6,
Income Trust SDT.UN $0.045 2008 2008 $0.54 $4.50 12.0%
----------------------------------------------------------------------------
Diversified
Income Trust May 30, June 13,
II DTT.UN $0.08 2008 2008 $0.96 $12.06 8.0%
----------------------------------------------------------------------------
Multi Select
Income Trust May 30, June 13,
Capital Units MST.UN $0.07 2008 2008 $0.84 $10.06 8.3%
----------------------------------------------------------------------------
Pro-Vest Growth May 30, June 13,
& Income Fund PRG.UN $0.0667 2008 2008 $0.8004 $11.25 7.1%
----------------------------------------------------------------------------
Premier Value May 30, June 13,
Income Trust PVN.UN $0.06 2008 2008 $0.72 $10.00 7.2%
----------------------------------------------------------------------------
Select 50 S-1 May 30, June 13,
Income Trust SON.UN $0.08 2008 2008 $0.96 $12.15 7.9%
----------------------------------------------------------------------------
Select 50 S-1
Income Trust May 30, June 13,
II SDE.UN $0.079 2008 2008 $0.948 $11.89 8.0%
----------------------------------------------------------------------------
Sentry Select
Commodities May 30, June 13,
Income Trust SSJ.UN $0.06 2008 2008 $0.72 $10.41 6.9%
----------------------------------------------------------------------------
Sentry Select
Focused
Growth & Income May 30, June 13,
Trust SFG.UN $0.065 2008 2008 $0.78 $9.49 8.2%
----------------------------------------------------------------------------
COmmercial and
INdustrial
Securities May 30, June 13,
Income Trust COI.UN $0.05 2008 2008 $0.60 $7.91 7.6%
----------------------------------------------------------------------------
Sentry Select
MBS Adjustable
Rate Income May 30, June 13,
Fund II MGS.UN $0.05 2008 2008 $0.60 $4.08 14.7%
----------------------------------------------------------------------------
Oil Sands and
Energy
Mega-Projects May 30, June 13,
Trust OSM.UN $0.0417 2008 2008 $0.5004 $9.55 5.2%
----------------------------------------------------------------------------
Sentry Select
40 Split Income
Trust Capital May 30, June 13,
Units SFO.UN $0.0833 2008 2008 $0.9996 $9.00 11.1%
----------------------------------------------------------------------------
Precious Metals
and Mining May 30, June 13,
Trust MMP.UN $0.10 2008 2008 $1.20 $10.45 11.5%
----------------------------------------------------------------------------


Future distributions

Distributions are based upon the current make-up of each individual trust's portfolio and the indicated distribution policies of the securities within each of the trust's portfolio. If the make-up of any of the portfolios changes or if such securities make distributions other than in accordance with their indicated policies, the distributions could change.

Website

To find out more about each trust, including portfolio holdings, net asset values and investment objectives, please visit www.sentryselect.com.

Sentry Select Capital Corp.

Sentry Select Capital Corp. is a Canadian wealth management company that manages over $6.5 billion in gross assets as of March 31, 2008. The company offers a diverse range of investment products including closed-end trusts, mutual funds, principal-protected notes and flow-through limited partnerships, covering a variety of domestic and global mandates. Sentry Select is the manager and/or advisor to 29 TSX-listed reporting issuers. In addition, Sentry Select manages and/or provides advisory services to four reporting issuers listed on the TSX Venture Exchange.

Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect", "intend", "will" and similar expressions to the extent they relate to Sentry Select. The forward-looking statements are not historical facts but reflect Sentry Select's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the ability of Sentry Select to pay the distributions on the dates specified. Although Sentry Select believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. Sentry Select undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.



The Exchange Tower
130 King Street West
Suite 2850, P.O. Box 104
Toronto, Ontario M5X 1A4
Telephone: (416) 861-8729
Fax: (416) 364-5615

Contact Information

  • Sentry Select Capital Corp.
    Investor Services
    (broker/investor inquiries)
    1-888-246-6656
    (416) 364-1197 (FAX)
    or
    Sentry Select Capital Corp.
    Kinga Lam
    (media inquiries)
    1-888-246-6656
    (416) 364-1197 (FAX)
    Email: info@sentryselect.com
    Website: www.sentryselect.com