Crown Hill Fund responds to Unitholders and streamlines redemption process

Unitholders no longer require redemption form

TORONTO, Sept. 18 /CNW/ - Crown Hill Fund (the "Fund") today announced that in response to unitholders' feedback, the Fund has streamlined the redemption process, and will no longer require a redemption form to be completed by the unitholder with respect to its Special Meeting of Unitholders on September 30, 2009. Unitholders who desire to exercise their redemption rights must notify their broker or investment advisor of their intention in sufficient time to allow their broker or advisor to deliver notice to CDS by September 28, 2009.

"While we strongly believe that unitholders will see long-term value from the many benefits of our Reorganization Proposal, for those that wish to redeem their units, we are making the process more streamlined," said Wayne Pushka, President of Crown Hill Capital Corporation. "Unitholders are reminded that in order to redeem their units, they must vote in favour of the Reorganization Proposal which includes the amended redemption feature."

    
               Voting Instructions for Beneficial Unitholders
               ----------------------------------------------
    

If your units are held in a brokerage account a proxy has been mailed to you. Please only vote the proxy as follows:

Canadian Unitholders: Visit www.proxyvote.com and enter your 12 digit control number or call 1-800-474-7493 or fax your proxy 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.

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.

    
     PROXIES MUST BE RECEIVED BY MONDAY, SEPTEMBER 28, 2009, AT 8:30 A.M.
                               (TORONTO TIME).

    If you have any questions on voting your proxy, please contact Kingsdale
Shareholder Services Inc. at:

    Telephone Toll Free: 1-888-518-1558
    Local Fax: 416-867-2271 / Toll Free Fax: 1-866-545-5580
    Outside North America Call Collect: 1-416-867-2272
    Email: contactus@kingsdaleshareholder.com
    

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.

%SEDAR: 00021542E

SOURCE CROWN HILL FUND

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

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CROWN HILL FUND

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