Citadel Funds Announces Filing of Management Information Circulars

TORONTO, Oct. 22 /CNW/ - Citadel Fund Administrator ("Citadel") announced today that it had filed a joint management information circular for the special meetings to be held for the following funds:

    
    -   Citadel HYTES Fund;
    -   Citadel Premium Income Fund;
    -   Citadel SMaRT Fund;
    -   Citadel Stable S-1 Income Fund; and
    -   Citadel S-1 Income Trust Fund.

    (collectively, the "Citadel Funds").

    Citadel also announced today that it had filed a separate joint management
information circular in conjunction with Blue Ribbon Fund Management Ltd. for
the special meetings to be held for the following funds:

    -   Citadel Diversified Investment Trust; and
    -   Series S-1 Income Fund;

    (collectively, the "Blue Ribbon Funds").
    

The meetings for both the Citadel Funds and the Blue Ribbon Funds will be held on November 17th, 2009.

SOURCE CITADEL GROUP OF FUNDS

For further information: For further information: Investor Relations, Citadel Funds, (416) 361-9673 or (877) 261-9674, investorrelations@citadelfunds.com; For information about Blue Ribbon Fund Management Ltd. and the resolutions before the Blue Ribbon Funds at the special meetings, contact: Mark Caranci - (416) 642-6004; Lorne Zeiler - (416) 642-9058; David Roode - (416) 642-6008; Chris Cullen - (416) 642-9064 or Toll-free: 1-866-642-6001, info@bromptongroup.com

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CITADEL GROUP OF FUNDS

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