Communiqués de presse

Canadian Convertible Debenture Fund: Press Release

TORONTO, April 29, 2011 - Canadian Convertible Debenture Fund (the "Fund") announces that it has completed its previously announced conversion to an open-end mutual fund.

The Fund's declaration of trust was amended and restated in order to give effect to the conversion. Among the changes made, the record date for the Fund's monthly distribution was changed from the last business day of each month, to the second last business day of each month to reflect industry practice.

For further information, please call Rob MacNiven, Investor Relations, First Asset at 416-642-1289 or 1-877-642-1289 or visit