Global Diversified Investment Grade Income Trust - Monthly Distribution and Net Asset Value as at April 30, 2009



    MONTREAL, May 11 /CNW Telbec/ - Global Diversified Investment Grade
Income Trust ("Global DIGIT") declares the following monthly cash distribution
consisting of a partial capital reimbursement:

    
    -------------------------------------------------------------------------
                                                                 TSX Closing
                                                                   Price Per
               Distribution                         Distribution  unit as of
    Trading          Amount     Record    Payable         Amount       May 8,
    Symbol        (per unit)      Date       Date     Annualized        2009
    -------------------------------------------------------------------------
                                May 29,   June 12,
    DG.UN           $0.0495       2009       2009         $0.594       $0.95
    -------------------------------------------------------------------------
    

    Since January 2009, Global DIGIT declared distributions in an aggregate
amount of $1.5775 per unit, composed of five monthly distributions of $0.0495
per unit and special distributions totalling $1.33 per unit. Starting
September 2009, the monthly distributions will become a floating amount based
on the applicable one-month bankers' acceptance rate plus 2.00%. The current
bankers' acceptance rate is 0.4014%.
    Glogal DIGIT also announces that its net asset value ("NAV") per unit as
at April 30, 2009 is estimated to be $1.07.
    The NAV on a particular date is equal to the aggregate value of the
assets of Global DIGIT, less the aggregate value of its liabilities.
Substantially all of the assets of Global DIGIT consist of cash and three
credit default swaps entered into with Deutsche Bank A.G. and the related
collateral.

    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.




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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