Details of Investment Grade Trust Termination Proceeds and Payment Date

BND.UN

TORONTO, Jan. 2, 2013 /CNW/ - Crown Hill Capital Corporation, the manager and trustee of Investment Grade Trust (the "Trust"), announces termination proceeds (the "Termination Proceeds") of $9.78 per unit to unitholders of record on December 31, 2012. Termination Proceeds are equal to 100% of the net asset value per unit at the close of business on December 31, 2012.

The payment date is set for January 3, 2013. Units of the Trust were delisted at the close of business on Monday, December 31, 2012.

Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this press release and to other matters identified in public filings relating to the Fund, to the future outlook of the Fund and anticipated events or results and may include statements regarding the future financial performance of the Fund. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information.

SOURCE: Investment Grade Trust

For further information:

the Investor Relations department at 416.361.9673 or toll-free at 1.877.261.9674.