Connor, Clark & Lunn Capital Markets Inc. Declares Quarterly Distribution for CANADIAN Financials & Utilities Split Corp.



    TORONTO, June 12 /CNW/ - Connor, Clark & Lunn Capital Markets Inc.
declared a cash distribution for the following Company:

    
    -------------------------------------------------------------------------
                                     Distri-
                                     bution
                         Trading     Amount       Record        Payable
         Company          Symbol   (per unit)      Date           Date
    -------------------------------------------------------------------------
    CANADIAN Financials
     & Utilities Split
     Corp. (Preferred                             Jun. 30,      Jul. 15,
     Shares)             CFS.PR.A   $0.10625        2009          2009
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
                                            TSX Trading
                          Distribution       Price Per
                             Amount         Unit as of        Current
         Company           Annualized     Jun. 11, 2009        Yield
    -------------------------------------------------------------------------
    CANADIAN Financials
     & Utilities Split
     Corp. (Preferred
     Shares)                 $0.425            $9.70            4.4%
    -------------------------------------------------------------------------
    

    Connor, Clark & Lunn Capital Markets Inc. (CC&L Capital Markets) is a
leading Canadian structured financial products investment firm that is focused
on creating and managing high quality investment vehicles that will stand the
test of time and ultimately allow our clients to achieve their personal
financial goals. Formed in 2001, CC&L Capital Markets has designed, launched
and currently manages fifteen investment vehicles, raising more than $1.4
billion in assets. CC&L Capital Markets is part of the Connor, Clark & Lunn
Financial Group, one of Canada's largest and fastest growing asset management
firms, responsible for approximately $28 billion in financial assets through
its affiliated investment managers on behalf of institutional, private and
retail clients.





For further information:

For further information: please visit www.cclcapitalmarkets.com or
contact: Darren Cabral, Vice-President, Connor, Clark & Lunn Capital Markets
Inc., (416) 214-6182, Toll Free: 1-888-276-2258, dcabral@cclgroup.com

Organization Profile

Connor, Clark & Lunn Capital Markets Inc.

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CANADIAN FINANCIALS & UTILITIES SPLIT CORP.

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