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Global 45 Split Corp.: Press Release

TORONTO, November 1, 2007 - Global 45 Split Corp. (TSX: GFV) (the "Company") announces that it has filed a final short form prospectus dated October 31, 2007 in relation to its previously announced offering of rights (the "Rights Offering") to the holders of its outstanding Class A Shares to subscribe for units, each unit consisting of one Class A Share and one Preferred Share of the Company.

Each holder of record of Class A Shares of the Company on November 13, 2007 (the "Record Date") will receive one right for each Class A Share held. Three Rights will entitle the holder to purchase one unit consisting of one Class A Share and one Preferred Share at a price of $24.40 until 4:00 p.m. (Toronto time) on Friday, December 7, 2007 (the "Expiry Time").

Holders of rights who fully exercise their rights are entitled to subscribe pro rata for additional units, if available, on or before the Expiry Time that were not subscribed for initially. The rights will be listed and posted for trading on the Toronto Stock Exchange (TSX: GFV.RT) until noon on December 7, 2007.

National Bank Financial Inc. has been engaged as the dealer manager for the Rights Offering.

For further information, please contact Rob MacNiven, Investor Relations at 416-642-1289 or 1-877-642-1289, or visit www.firstasset.com.