Barclays Canada announces revised estimated annual reinvested distributions for iShares



    Listing: TSX (Toronto Stock Exchange)

    Symbol: XBB, XCB, XCG, XCV, XDV, XEG, XFN, XGB, XGD, XIC, XIN, XIT, XIU,
    XLB, XMA, XMD, XRB, XRE, XSB, XSP, XTR, XSU, XEN, XCS

    TORONTO, Dec. 18 /CNW/ -  Barclays Global Investors Canada Limited
(Barclays Canada) announces today the revised estimated annual reinvested
distributions for iShares exchange traded funds. These annual reinvested
distributions generally represent realized capital gains within the funds or
special dividends received by the funds. The reinvested distributions are not
paid in cash but will be reported as taxable distributions and can be used to
increase the investor's adjusted cost base of the fund. These estimated
reinvested distributions do not include the fourth quarter cash distributions
which are reported in a separate press release. These estimates replace the
previous estimates issued in a press release dated November 19, 2007.
    Unitholders of record on December 28, 2007 will receive reinvested
distributions payable on December 31. The ex-dividend date will be December
24. The actual taxable amounts of reinvested and cash distributions for 2007,
including the tax characteristics of the distributions, will be reported to
brokers (through CDS) early in 2008.

    The following chart shows the estimated annual reinvested distributions
per unit for each of the iShares funds.

    
    -------------------------------------------------------------------------
                                      Estimated Reinvested     Percent of
                             Fund    Distribution Per Unit  December 15, 2007
    Fund Name               Ticker    to Dec 15, 2007 ($)     NAV per unit
    -------------------------------------------------------------------------
    iShares CDN Bond Index
     Fund                    XBB             0.00                  0.0%
    -------------------------------------------------------------------------
    iShares CDN Corporate
     Bond Index Fund         XCB             0.00                  0.0%
    -------------------------------------------------------------------------
    iShares CDN Growth
     Index Fund              XCG             0.57                  2.3%
    -------------------------------------------------------------------------
    iShares CDN S&P/TSX
     Small Cap Index Fund    XCS             0.30                  1.7%
    -------------------------------------------------------------------------
    iShares CDN Value Index
     Fund                    XCV             0.90                  4.2%
    -------------------------------------------------------------------------
    iShares CDN Dividend
     Index Fund              XDV             0.09                  0.4%
    -------------------------------------------------------------------------
    iShares CDN Energy
     Sector Index Fund       XEG             0.20                  0.2%
    -------------------------------------------------------------------------
    iShares CDN Jantzi
     Social Fund             XEN             0.07                  0.4%
    -------------------------------------------------------------------------
    iShares CDN Financial
     Sector Index Fund       XFN             0.00                  0.0%
    -------------------------------------------------------------------------
    iShares CDN Government
     Bond Index Fund         XGB             0.00                  0.0%
    -------------------------------------------------------------------------
    iShares CDN S&P/TSX
     Global Gold Index Fund  XGD             7.20                  9.6%
    -------------------------------------------------------------------------
    iShares CDN Composite
     Index Fund              XIC             2.19                  2.5%
    -------------------------------------------------------------------------
    iShares CDN MSCI EAFE
     Index Fund              XIN             0.86                  3.1%
    -------------------------------------------------------------------------
    iShares CDN Tech Sector
     Index Fund              XIT             0.95                 10.2%
    -------------------------------------------------------------------------
    iShares CDN LargeCap 60
     Index Fund              XIU             0.20                  0.2%
    -------------------------------------------------------------------------
    iShares CDN Long Bond
     Index Fund              XLB             0.00                  0.0%
    -------------------------------------------------------------------------
    iShares CDN Materials
     Sector Index Fund       XMA             2.88                  8.2%
    -------------------------------------------------------------------------
    iShares CDN Completion
     Index Fund              XMD            11.85                 13.4%
    -------------------------------------------------------------------------
    iShares CDN Real Return
     Bond Index Fund         XRB             0.30                  1.6%
    -------------------------------------------------------------------------
    iShares CDN REIT Sector
     Index Fund              XRE             0.14                  1.0%
    -------------------------------------------------------------------------
    iShares CDN Short Bond
     Index Fund              XSB             0.00                  0.0%
    -------------------------------------------------------------------------
    iShares CDN S&P 500
     Index Fund              XSP             2.09                 11.4%
    -------------------------------------------------------------------------
    iShares CDN Russell 2000
     Index Fund              XSU             1.78                  9.8%
    -------------------------------------------------------------------------
    iShares CDN Income Trust
     Sector Index Fund       XTR             0.02                  0.2%
    -------------------------------------------------------------------------
    

    Possible changes to reinvested distribution per unit amounts

    The amounts shown above could change if the iShares funds experience
subscriptions or redemptions prior to the December 24 ex-dividend date.
Barclays Canada will issue a final press release.

    Changes in capital gains from October 31, 2007 estimates

    On November 19, 2007, Barclays Canada issued a press release showing the
estimated capital gains distributions as of October 31, 2007. As noted in the
press release, these were estimates only and we expected the actual
distributions to differ from these estimates. Certain corporate actions,
including the removal of Alcan from several of the indexes after October 31,
caused the actual distribution amounts for a few of the iShares funds to
differ significantly from the previous estimated amounts.

    About Barclays Canada

    Barclays Canada is an indirect subsidiary of Barclays PLC and part of
Barclays Global Investors (BGI), a division of Barclays PLC and one of the
largest institutional investment managers in the world. BGI leads the world in
managing index funds and exchange traded funds (ETFs), with over 200 iShares
Funds representing $400 billion in assets. As at September 30, 2007, Barclays
Canada managed over $74 billion in Canadian assets and in other assets for
Canadian clients, including over $17 billion in the TSX-listed iShares Funds.
Barclays Canada has offices in Toronto, Montreal and Vancouver.

    %SEDAR: 00015150E




For further information:

For further information: Contact for Media: Lindsay Mattick-Davidson,
Narrative Advocacy Media, T - (416) 644-4123, C - (416) 908-7360, Email:
lindsay.mattick@narrativeadvocacy.com; All other inquiries: 1-866-iShares
(1-866-474-2737), Email: iSharesCanada@barclaysglobal.com

Organization Profile

BARCLAYS GLOBAL INVESTORS CANADA LIMITED (iShares)

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