Harvest Portfolios Group Inc. provides notice of delisting of HARVEST Banks & Buildings Income Fund in advance of its conversion to an open-end mutual fund

OAKVILLE, ON, Sept. 28, 2011 /CNW/ - Harvest Portfolios Group Inc. (the "Manager") (TSX: HBB.UN), as the manager of HARVEST Banks & Buildings Income Fund (the "Fund"), announces that, in accordance with its initial terms as outlined in the Fund's prospectus dated October 2, 2009, the Trust Units will be voluntarily delisted from the Toronto Stock Exchange at the close of business on Wednesday, October 5, 2011.  The delisting of Trust Units is being done in preparation for the conversion of the Fund into an open-end mutual fund (the "Conversion") which is expected to occur on or about October 18, 2011 (the "Conversion Date").

Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect", "intend", "will" and similar expressions to the extent they relate to the Fund and/or the Manager. The forward-looking statements are not historical facts but reflect the Fund's, and/or the Manager's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties, such as the Toronto Stock Exchange effecting the delisting of the Fund's units on the proposed date, and receipt of all required regulatory approvals, that could cause actual results or events to differ materially from current expectations. Although the Fund and/or the Manager believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Fund and/or the Manager undertakes no obligation to update publicly or otherwise revise any forward-looking statements or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

All capitalized terms noted herein but not defined are as defined in the Fund's prospectus dated October 2nd, 2009. The Fund presently trades on the TSX under the symbol HBB.UN.

SOURCE Harvest Portfolios Group Inc.

For further information:

Please contact Mary Medeiros of Harvest Portfolios Group Inc. at mmedeiros@harvestportfolios.com or at 1-866-998-8298; or for additional information please contact your registered financial advisor.

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Harvest Portfolios Group Inc.

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