Global Diversified Investment Grade Income Trust - Monthly Distribution

MONTREAL, Oct. 15 /CNW Telbec/ - Global Diversified Investment Grade Income Trust ("Global DIGIT") declares the following monthly distribution consisting of a partial capital reimbursement:

    
    -------------------------------------------------------------------------
                                                                 TSX Closing
                                                                 Price Per
             Distribution                          Distribution  Unit as of
    Trading  Amount                     Payable    Amount        October 15,
    Symbol   (per unit)    Record Date  Date       Annualized    2009
    -------------------------------------------------------------------------
    DG.UN    $0.0200       October 30,  November   $0.2400       $3.91
                           2009         13, 2009
    -------------------------------------------------------------------------
    

As indicated in the press releases issued over the last few months, one of the objectives of Global DIGIT is to provide unitholders with monthly distributions which are now a varying amount based on the applicable one-month bankers' acceptance rate plus 2.00%. Taking into account a current bankers' acceptance rate of 0.39571%, the monthly distribution for October 2009 will be $0.0200.

About Global DIGIT

Global DIGIT provides an economic interest in a mezzanine tranche of credit default swap agreements in respect of portfolios of synthetic corporate exposures, mortgage-backed securities, asset-backed securities and structured finance securities.

SOURCE Global Diversified Investment Grade Income Trust

For further information: For further information: François Rivard, (514) 879-6405, http://info.fbn.ca/trusts

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Global Diversified Investment Grade Income Trust

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