Communiqués de presse

First Asset CanBanc Split Corp.: Press Release

TORONTO, December 18, 2009 - First Asset CanBanc Split Corp. (TSX: CBU.PR.A and CBU) (the "Fund") announces the following distributions:

  1. in respect of the Preferred Shares (TSX: CBU.PR.A), a distribution of $0.1625 per Preferred Share payable to Preferred Shareholders of record on December 31, 2009. The distribution will be paid on or before January 15, 2010; and
  2. in respect of the Class A Shares (TSX: CBU), a special distribution of $0.39 per Class A Share payable to Class A Shareholders of record on December 31, 2009. The distribution will be paid on December 31, 2009.

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