Communiqués de presse

Criterion Funds maintain distribution levels

TORONTO, June 27, 2008 - Criterion Investments Limited ("Criterion") today announced that it will maintain the annual distributions of Criterion Global Dividend Fund and Criterion Water Infrastructure Fund.

Criterion Global Dividend Fund, available in both currency hedged and unhedged versions, maintains its annual distribution of $0.55 per unit, paid quarterly.

Criterion Water Infrastructure Fund, available in both currency hedged and unhedged versions, maintains its annual distribution of $0.50 per unit, paid quarterly.

About Criterion

Criterion is committed to creating insightful solutions for everyday Canadian investors. Criterion combines unique investment structures with best-in-class asset managers or strategies typically only available to large institutions and high-net worth individuals. Criterion is an affiliate of VenGrowth Asset Management Inc., one of Canada's premier managers of private equity and alternative investments with a proven track record of success since 1982.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus of the Funds before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Units of the Funds are sold through registered dealers.