TORONTO, March 20, 2009 - Global 45 Split Corp. (TSX: GFV.PR.A, GFV) (the "Company") announces a distribution of $0.13125 per Preferred share for the quarter ended March 31, 2009. The distribution will be paid on or before April 15, 2009, to Preferred share holders of record on March 31, 2009.
The Company will not pay a monthly distribution on its Class A Shares for the month-ended March 31, 2009.
The Manager will assess the ability to pay distributions on it 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.