Communiqués de presse

Global 45 Split Corp. Announces Distributions

June 21, 2004 - Global 45 Split Corp. announces the following distributions: (a) in respect of the Class A shares (TSX: GFV), a distribution for the month ending June 30, 2004, of $0.10 per share, and (b) in respect of the Preferred shares (TSX: GFV.PR.A), a distribution for the quarter ending June 30, 2004, of $0.04459 per share. In both cases, the distribution will be paid on July 15, 2004 to shareholders of record on June 30, 2004.

For further information, please call Tanya Carey at First Asset Funds Inc. at (416) 642-1289 or 1-877-642-1289.