MONTHLY DISTRIBUTION AND NET ASSET VALUE AS AT FEBRUARY 15, 2011

MONTREAL, Feb. 18 /CNW Telbec/ - Global Diversified Investment Grade Income Trust ("Global DIGIT") declares the following monthly distribution consisting of a partial capital reimbursement:

Trading
Symbol
Distribution
Amount
(per unit)
Record Date Payable Date Total
Distributions
declared or
paid in 2011
(all capital
distributions)
TSX Closing Price
Per Unit on
February 17, 2011
DG.UN $0.027 February 28, 2011 March 14, 2011 $0.081 $4.83

The objectives of Global DIGIT is to provide unitholders with varying monthly distributions based on the applicable one-month bankers' acceptance rate plus 2.00%. The current bankers' acceptance rate is approximately 1.20%.

Global DIGIT announces that the net asset value ("NAV") per unit as of February 15, 2011 was estimated to be $5.21.

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. (Canada Branch) 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.

SOURCE GLOBAL DIVERSIFIED INVESTMENT GRADE INCOME TRUST

For further information:

François Rivard: 514-879-6405
http://info.fbn.ca/trusts

Organization Profile

GLOBAL DIVERSIFIED INVESTMENT GRADE INCOME TRUST

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