DISPOSITION OF CLASS A UNITS OF OMEGA ADVISORS U.S. CAPITAL APPRECIATION FUND

/NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRE SERVICES/

TORONTO, April 20 /CNW/ - On April 19, 2011, Mr. Miles S. Nadal ("Mr. Nadal") disposed of ownership of 200,000 Class A Units of Omega Advisors U.S. Capital Appreciation Fund (the "Fund") by way of gift. As a result of this disposition, Mr. Nadal owns 500,000 Class A Units of the Fund, representing 18.25% of the outstanding Class A Units of the Fund.

Mr. Nadal may, depending on market and other conditions, increase or decrease his beneficial ownership, control or direction over, or exercise his current rights to acquire, Class A Units or other securities of the Fund through market transactions, private agreements or otherwise.

A copy of the report relating to this acquisition may be found on the Fund's profile at www.SEDAR.com or may be obtained from Trevor Maunder at 647-477-4884 or at Mr. Nadal's address c/o Artemis Investment Management Limited, 5 Hazelton Avenue, Suite 200, Toronto, Ontario M5R 2E1.

The filing of this report is not an admission that an entity named in the report owns or controls any described securities or is a joint actor with another named entity.

SOURCE Omega Advisors U.S. Capital Appreciation Fund

For further information:

Trevor Maunder
Artemis Investment Management Limited
Phone: 647-477-4884

Profil de l'entreprise

Omega Advisors U.S. Capital Appreciation Fund

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