Press Releases

CanBanc Income Corp.: Distribution Press Release

TORONTO, December 20, 2010 - CanBanc Income Corp. (the "Fund") (TSX: CIC) announces a distribution of $0.26082 per Unit for the quarter ending December 31, 2010. The distribution will be paid on December 31, 2010 to unitholders of record on December 31, 2010 and has been pro-rated from the Closing Date of August 18, 2010.

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