Global Diversified Investment Grade Income Trust II - Declaration of a Monthly Distribution



    MONTREAL, Feb. 18 /CNW Telbec/ - Global Diversified Investment Grade
Income Trust II ("Global DIGIT II") (TSX: GII.UN) declares a monthly
distribution (consisting of a partial capital reimbursement of a unit) of
$0.0687 per unit (approximately 8.25% per year calculated on a 30/360 day
basis and on the issue price of $10.00 per unit). This distribution will be
payable on March 13, 2009 to holders of record on the close of business on
February 27, 2009.

    About Global DIGIT II

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




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 II

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