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First Asset CanBanc Split Corp. Confirms Special Distribution for Year-End 2014

TORONTO, December 30, 2014 - First Asset CanBanc Split Corp. (CBU:TSX) (the "Fund") confirms the annual special distribution ("Special Distribution") for the year ending December 31, 2014, to be $0.725 per Class A Share payable to Class A Shareholders of record on December 31, 2014. The Special Distribution will be paid in cash on December 31, 2014, and as a result, the net asset value per unit of the Fund will decrease by an amount equal to the cash portion of the Special Distribution.

The actual taxable amounts of all distributions for 2014, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or "CDS") in early 2015.

First Asset – Smart SolutionsTM
First Asset is an independent investment firm focused on providing smart, low cost solutions that address the real-world investment needs of Canadians - capital appreciation, income generation and risk mitigation. Rooted in strong fundamentals, First Asset's smart solutions strive to deliver better risk-adjusted returns than the broad market while helping investors achieve their personal financial goals.

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

This communication is intended for informational purposes only. This offering is made only by prospectus. The prospectus contains important detailed information about the ETF and its units. A copy of the prospectus may be obtained from your investment advisor, First Asset or at www.sedar.com. Investors should read the prospectus before making an investment decision. Commissions, trailing fees, management fees and expenses all may be associated with investments in the ETF. The ETF is managed by First Asset Investment Management Inc.

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