Magenta Mortgage Investment Corporation announces increased fiscal 2009 dividend for privately held Class A Shares



    OTTAWA, Aug. 21 /CNW Telbec/ - Magenta Mortgage Investment Corporation
and its sister company, Magenta II Mortgage Investment Corporation, are
pleased to announce the recent payment of fiscal 2009 dividends with respect
to Magenta Class A and Magenta Class B Shares representing annual dividend
yields of 10.12% and 9.61% respectively. Magenta Class A (15 years) and
Magenta II Class B Shares (6 years) have produced compounded average annual
rates of return of 12.02% and 11.84% respectively since inception. The
Companies' auditor is Deloitte & Touche LLP.
    Magenta has consistently rewarded its shareholders with stable, elevated
returns and regular income, through investment in a wholly residential
mortgage portfolio, comprised primarily of first mortgages secured by houses
and other residential properties concentrated in strong, stable, urban real
estate markets like Ottawa and Kingston, Ontario. The shares are RSP and TFSA
eligible.





For further information:

For further information: Gavin Marshall, Director, Investor Relations,
(888) 267-1744 x22, gavinmarshall@magentainvestment.ca

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MAGENTA MORTGAGE CORP.

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