Communiqués de presse

Preferred Share Investment Trust: Distribution Press Release

TORONTO, September 21, 2009 - Preferred Share Investment Trust (TSX: PSF.UN) (the "Trust") announces a distribution of $0.175 per Unit for the quarter ending September 30, 2009. The distribution will be paid on or before October 15, 2009 to unitholders of record on September 30, 2009.

The Trust's most recent net asset value per unit is $11.85.

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