Crown Hill Captial, administrator for Finanical Preferred Securities
Coproration announces distributions for remainder of 2010 March 22, 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                    $0.3125

    August 31, 2010             September 15, 2010               $0.3125

    November 30, 2010           December 15, 2010                $0.3125
    

%SEDAR: 00024319E

SOURCE FINANCIAL PREFERRED SECURITIES CORPORATION

For further information: For further information: contact 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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