TORONTO, December 23, 2011 - First Asset CanBanc Split Corp. (the "Fund") confirms the following distributions:
- in respect of the Preferred Shares (TSX: CBU.PR.A), a distribution of $0.1625 per Preferred Share payable to Preferred Shareholders of record on December 30, 2011. The distribution will be paid on or before January 13, 2012; and
- in respect of the Class A Shares (TSX: CBU), a special distribution of $0.875 per Class A Share payable to Class A Shareholders of record on December 30, 2011. The distribution will be paid on December 30, 2011.
For further information, please contact Rob MacNiven, Investor Relations at 416-642-1289 or 1-877-642-1289 or visit www.firstasset.com.