Connor, Clark & Lunn Capital Markets Inc. Declares Quarterly Distribution for Funds



    TORONTO, Sept. 12 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. has
today declared a cash distribution for the following funds:

    
    -------------------------------------------------------------------------
                                                                TSX
                                                              Trading
                                                               Price
                                                                Per
                                                      Distri-  Unit
                           Distri-                    bution   as of
                           bution                     Amount    Sep.
                 Trading   Amount    Record  Payable  Annual-    11,  Current
         Fund    Symbol  (per unit)   Date    Date     ized     2008   Yield
    -------------------------------------------------------------------------
    CANADIAN
     Financials
     & Utilities
     Split Corp.
     (Preferred                     Sep. 30, Oct. 15,
     Shares)    CFS.PR.A  $0.10625    2008     2008   $0.425   $10.19   4.2%
    -------------------------------------------------------------------------
    CANADIAN
     Financials
     & Utilities
     Split Corp.
     (Class A                       Sep. 30, Oct. 15,
     Shares)      CFS       $0.028    2008     2008   $0.336    $8.81   3.8%
    -------------------------------------------------------------------------
    

    For more information on these funds, please visit
www.cclcapitalmarkets.com.

    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 is currently managing fourteen publicly traded investment vehicles with
combined assets of approximately $1 billion. Connor, Clark & Lunn Capital
Markets Inc. is part of the Connor, Clark & Lunn Financial Group of companies
which manage over $36 billion in financial assets.





For further information:

For further information: please visit www.cclcapitalmarkets.com or
contact: Darren Cabral, Vice-President, Connor, Clark & Lunn Capital Markets
Inc., 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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