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Global 45 Split Corp.: Press Release

TORONTO, December 18, 2009 - Global 45 Split Corp. (TSX: GFV.PR.A, GFV) (the "Company") announces an estimated quarterly distribution of $0.13125 per Preferred and an estimated monthly distribution of $0.05 per Class A Share for the month ending December 31, 2009. The distributions will be paid on or before January 15, 2010, to share holders of record on December 31, 2009. The distributions will be confirmed shortly after the year-end, and prior to payment, once the Company's year-end tax position is known.

The Manager will assess the ability to pay distributions on its Class A Shares, and the amount thereof, on a monthly basis. Among other considerations, the Company is not permitted to pay a distribution on the Class A Shares if, after the payment of the distribution by the Company, the Net Asset Value per Unit would be less than $15.00.

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