DPF India Opportunities Fund Announces Quarterly Distribution

TORONTO, June 18, 2012 /CNW/ - GCIC Ltd. ("GCICL"), manager of DPF India Opportunities Fund (TSX:DPF.UN) (the "Fund"), today announced that its board of directors has approved the payment of a quarterly cash distribution of $0.13 per trust unit payable on July 16, 2012 to unitholders of record as of June 29, 2012.

The Fund (www.dpfopportunities.com) is a TSX-listed closed-end investment trust which seeks to enhance the value of the trust units offered primarily through capital appreciation driven by an actively managed, diversified investment portfolio.

About GCICL

GCICL is a subsidiary of DundeeWealth Inc. and the manager of the Fund. GCICL offers a wide range of wealth management solutions through financial advisors. These include the mutual funds and hedge funds of Dynamic Funds, the portfolio solutions of the Marquis Investment Program and the high net worth investment counsel of DundeeWealth Investment Counsel. DundeeWealth Inc. is a wholly owned subsidiary of Scotiabank.

SOURCE GCIC Ltd.

For further information:

Customer Relations Centre
GCIC Ltd.
1-800-268-8186 or www.dynamic.ca 

Media Relations 
Diana Hart 
416-866-7238

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GCIC Ltd.

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