Energy Split Corp. Inc. Declares Quarterly Distributions



    TORONTO, Aug. 28 /CNW/ - The Board of Directors of Energy Split Corp.
Inc. (the "Company") today declared a return of capital distribution of
$0.23625 per Class B Preferred Share payable on September 16, 2008 to holders
of record at the close of business on September 15, 2008.
    In addition, the Board of Directors of the Company has declared a capital
gains distribution of $0.75 per Capital Yield Share, payable on September 16,
2008 to holders of record at the close of business on September 15, 2008.
Consequently, the twelve month trailing distribution totals $2.780 per Capital
Yield Share. Distributions paid by the Company will vary with the actual
distributions of the underlying portfolio of oil and gas funds and such
variations may be material.

    The Company is a mutual fund corporation created to hold a portfolio
consisting of 19 publicly listed oil and gas royalty trusts. The Company
generates a fixed cumulative preferential tax efficient quarterly distribution
for the Class B Preferred Shareholders and provides the Capital Yield
Shareholders with a leveraged play on the yield and price performance from the
fixed portfolio.
    Capital Yield Shares and Class B Preferred Shares of Energy Split Corp.
Inc. are listed for trading on The Toronto Stock Exchange under the symbols ES
and ES.PR.B respectively.

    %SEDAR: 00019693E




For further information:

For further information: Investor Relations, Energy Split Corp. Inc.,
(416) 945-4870, E-mail: mc_energysplit@scotiacapital.com, Web site:
www.scotiamanagedcompanies.com

Organization Profile

ENERGY SPLIT CORP. INC.

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