Citadel Funds Overwhelmed by Extraordinary Show of Unitholder Support

TORONTO, Sept. 25 /CNW/ - Citadel Fund Administrator reminds unitholders that the deadline for voting at the upcoming meetings is fast approaching. Unitholders can vote up until 9:00 a.m. (Toronto time) on September 28, 2009 by telephone at 1-800-474-7493 for Canadian unitholders (1-800-454-8683 for U.S. unitholders), or online at www.proxyvote.com and enter their 12 digit control number.

    
    The special meetings are for the following funds:

    Citadel Diversified Investment Trust: CTD.UN, TSX
    Citadel Hytes Fund: CHF.UN, TSX
    Citadel Premium Income Fund: CPF.UN, TSX
    Citadel S-1 Income Trust Fund: SDL.UN, TSX
    Citadel SMaRT Fund: CRT.UN, TSX
    Citadel Stable S-1 Income Fund: CSR.UN, TSX
    Equal Weight Plus Fund: EQW.UN, TSX
    Series S-1 Income Fund: SRC.UN, TSX
    (Collectively, the "Citadel Funds")
    

"We are overwhelmed by the outpouring of unitholder support that we have been receiving," said Wayne Pushka, President of Citadel Fund Administrator. "The momentum we have seen building gives us tremendous confidence as we approach the meeting date. We look forward to moving ahead with the revitalization of the funds."

It is important that unitholders help prepare the funds for the future and make sure their voices are heard by voting their proxies FOR the Reorganization Proposal and AGAINST the Hostile Proposal.

If you have any questions on voting your proxy, please contact Kingsdale Shareholder Services Inc. toll-free at 1-888-518-6828.

Please visit www.CitadelMeeting.com for further information related to the Special Meeting resolutions. A link to this dedicated website is also available from the corporate website at www.citadelfunds.com.

Remember every vote counts to protect your investment. Regardless of the number of units you own, please vote your proxy today.

    
    Vote Your Blue Proxy FOR the Reorganization Proposal
    ----------------------------------------------------
    

Please take the time to vote FOR the Reorganization Proposal and AGAINST the Hostile Proposal. To make your vote count we need to receive your proxy by Monday, September 28, 2009 at 9:00 a.m. Toronto time.

Time is of the essence - Unitholders can vote by telephone or via the internet, fax or mail and please ensure that you sign and date the proxy. If your units are held in a brokerage account a Voting Instruction Form has been mailed to you.

Canadian Unitholders: Visit www.proxyvote.com and enter your 12 digit control number or call 1-800-474-7493 or fax your BLUE Voting Instruction Form to 905-507-7793 or toll free at 1-866-623-5305 in order to ensure that it is received before the deadline.

U.S. Unitholders: Visit www.proxyvote.com and enter your 12 digit control number or call 1-800-454-8683.

If you have any questions on voting your proxy, please contact Kingsdale Shareholder Services Inc. toll-free 1-888-518-6828.

Please visit www.CitadelMeeting.com for further information related to the Special Meeting resolutions. A link to this dedicated website will also be made available from the corporate website at www.citadelfunds.com.

Forward Looking Statements

This release contains forward-looking statements. These statements are based on certain factors and assumptions including, results of operations, performance and effective income tax rates. While the Funds and Citadel Fund Administrator consider these factors and assumptions to be reasonable based on information currently available, they may prove to be incorrect. Several factors could cause actual results to differ materially from those in the forward-looking statements, including, but not limited to: the timing of and the ability to carry out the Reorganization, including the mergers and fluctuations in the net asset value. Forward-looking statements are given only as at the date of this release and the Funds and Citadel Fund Administrator disclaims any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

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SOURCE CITADEL GROUP OF FUNDS

For further information: For further information: Media Contact: Janet Craig, Kingsdale Communications Inc., (416) 867-2315, jac@kingsdalecommunications.com

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