Warrant Expiry (DS.WT)

TORONTO, ONTARIO--(Marketwire - Jan. 24, 2013) - Dividend Select 15 Corp. (the "Company") wishes to remind warrant holders that their warrants will expire on January 31, 2013 at 5:00 p.m. (Eastern Time). The warrants are exercisable at a price of $9.25. The January 23, 2013 net asset value of the Company was $9.50, providing warrant holders with the opportunity to acquire additional Equity Shares of the Company below the current Net Asset Value. Two warrants plus the $9.25 exercise price entitles the holder to one Equity Share. Holders of warrants may also subscribe for additional Equity Shares on a pro rata basis if their warrants have been exercised in full.

The Company has a history of 26 consecutive cash distributions since inception providing holders with an attractive income producing asset. The current yield is 7.6% annually based on the $9.25 exercise price.

The Company invests in a portfolio of 15 high quality Canadian companies whose shares offer an attractive dividend yield, have shown solid earnings growth and have a strong history of capital appreciation.