Crown Hill Captial, administrator for Finanical Preferred Securities
Coproration announces distributions for remainder of 2010

Stock Symbol: FPR.PR.A, TSX

TORONTO, March 23 /CNW/ - Financial Preferred Securities Corporation (Financial Preferred or the "Fund") announces the following distributions per Unit will be declared payable on each distribution payment date to Unitholders of record on the applicable Distribution Record Date as indicated below:

    
    Record Date           Payment Date       Amount (CDN $)
    -----------           ------------       --------------

    May 31, 2010          June 15, 2010         $0.03125

    August 31, 2010       September 15, 2010    $0.03125

    November 30, 2010     December 15, 2010     $0.03125
    

%SEDAR: 00024319E

SOURCE FINANCIAL PREFERRED SECURITIES CORPORATION

For further information: For further information: Citadel Funds at 1-877-261-9674 or visit our website www.citadelfunds.com

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FINANCIAL PREFERRED SECURITIES CORPORATION

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