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

Mortgage Backed Securities Trust ($C)
TSX : MF.UN

Mortgage Backed Securities Trust ($US)
TSX : MF.U

MULTI SELECT INCOME TRUST CAPITAL UNITS
TSX : MST.UN

MBS Adjustable Rate Income Fund
TSX : MTF.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

Precious Metals and Mining Trust
TSX : MMP.UN

October 16, 2006 18:12 ET

Sentry Select Capital Corp. Announces October 2006 Distributions for Income Trusts

TORONTO, ONTARIO--(CCNMatthews - Oct. 16, 2006) - Sentry Select Capital Corp. is pleased to announce the October 2006 distribution amounts for the following income trusts.



------------------------------------------------------------------------
TSX
trading
Distri- Distri- price
bution bution per unit
amount amount as of Annual-
Trading (per Record Payable annual- October ized
Trust symbol unit) date date ized 6, 2006 yield
------------------------------------------------------------------------
Alliance Split ASI.UN $0.0825 Oct. Nov. $0.99 $18.75 5.3%
Income Trust 31, 15,
Capital Units 2006 2006
------------------------------------------------------------------------
Sentry Select SDT.UN $0.0375 Oct. Nov. $0.81 $5.51 14.7%
Diversified $0.0300 31, 7,
Income Trust 2006 2006
(regular and
special)
------------------------------------------------------------------------
Diversified DTT.UN $0.08 Oct. Nov. $0.96 $14.13 6.8%
Income Trust II 31, 15,
2006 2006
------------------------------------------------------------------------
Mortgage Backed MF.UN $0.02 Oct. Nov. $0.24 $4.81 5.0%
Securities 31, 15,
Trust ($C) 2006 2006
------------------------------------------------------------------------
Mortgage Backed MF.U $0.0176 Oct. Nov. $0.2112 $4.24 5.0%
Securities 31, 15,
Trust ($US) 2006 2006
------------------------------------------------------------------------
Multi Select MST.UN $0.07 Oct. Nov. $0.84 $12.95 6.5%
Income Trust 31, 15,
Capital Units 2006 2006
------------------------------------------------------------------------
MBS Adjustable MTF.UN $0.05 Oct. Nov. $0.60 $7.31 8.2%
Rate Income 31, 15,
Fund 2006 2006
------------------------------------------------------------------------
Pro-Vest PRG.UN $0.0667 Oct. Nov. $0.8004 $12.24 6.5%
Growth & 31, 15,
Income Fund 2006 2006
------------------------------------------------------------------------
Premier Value PVN.UN $0.06 Oct. Nov. $0.72 $10.34 7.0%
Income Trust 31, 15,
2006 2006
------------------------------------------------------------------------
Select 50 S-1 SON.UN $0.08 Oct. Nov. $0.96 $13.76 7.0%
Income Trust 31, 15,
2006 2006
------------------------------------------------------------------------
Select 50 S-1 SDE.UN $0.079 Oct. Nov. $0.948 $12.88 7.4%
Income 31, 15,
Trust II 2006 2006
------------------------------------------------------------------------
Sentry Select SSJ.UN $0.06 Oct. Nov. $0.72 $8.79 8.2%
Commodities 31, 15,
Income Trust 2006 2006
------------------------------------------------------------------------
Sentry Select SFG.UN $0.065 Oct. Nov. $0.78 $12.21 6.4%
Focused Growth 31, 15,
& Income Trust 2006 2006
------------------------------------------------------------------------
COmmercial and COI.UN $0.05 Oct. Nov. $0.60 $9.95 6.0%
INdustrial 31, 15,
Securities 2006 2006
Income Trust
------------------------------------------------------------------------
Sentry Select MGS.UN $0.05 Oct. Nov. $0.60 $7.20 8.3%
MBS Adjustable 31, 15,
Rate Income 2006 2006
Fund II
------------------------------------------------------------------------
Oil Sands and OSM.UN $0.0417 Oct. Nov. $0.5004 $8.17 6.1%
Energy 31, 15,
Mega-Projects 2006 2006
Trust
------------------------------------------------------------------------
Precious Metals MMP.UN $0.05 Oct. Nov. $0.60 $9.38 6.4%
and Mining 31, 15,
Trust 2006 2006
------------------------------------------------------------------------


Future distributions

Distributions are based upon the current make-up of each individual trust's portfolio and the indicated distribution policies of the income funds in the portfolios. If the make-up of the portfolios changes or if such income funds 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, go to www.sentryselect.com.

Sentry Select Capital Corp.

Sentry Select Capital Corp. is a wealth management company providing investment, administrative and marketing services to 33 exchange-listed closed-end funds and corporations, including preferred securities and debentures, 17 principal-protected notes, 16 mutual funds and four flow-through limited partnerships. Sentry Select is one of the largest Canadian investment managers in the income trust sector. As of September 30, 2006, the firm had approximately $8.5 billion in gross assets under management.



The Exchange Tower
130 King Street West
Suite 2850, P.O. Box 104
Toronto, Ontario M5X 1A4


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