Connor, Clark & Lunn Conservative Income Fund Announces Adjournment of Special Meeting

TORONTO, Jan. 14 /CNW/ - Connor, Clark & Lunn Conservative Income Fund ("CCQ") announced today that the special meeting of unitholders of CCQ scheduled to be held today to consider a proposal that would result in the merger of CCQ and Connor, Clark & Lunn Conservative Income & Growth Fund ("CCP") has been adjourned for lack of a quorum. The adjourned meeting will take place at 8:30 a.m. (Toronto time) on January 24, 2011 at 1 First Canadian Place, Suite 6300, 100 King Street West, Toronto, Ontario.

Details of the proposal are outlined in a joint information circular that has been sent to unitholders of CCQ and CCP in connection with their special meetings. Copies of the information circular are available on www.sedar.com and www.cclcapitalmarkets.com.

Connor, Clark & Lunn Conservative Income Fund and Connor, Clark & Lunn Conservative Income & Growth Fund are listed on the Toronto Stock Exchange under the symbols CCQ.UN and CCP.UN, respectively.

SOURCE Connor, Clark

For further information:

please visit www.cclcapitalmarkets.com or contact:

Neil Murdoch
President & CEO
Connor, Clark & Lunn Capital Markets Inc.
416-364-2839
nmurdoch@cclgroup.com

or

Darren Cabral
Vice President
Connor, Clark & Lunn Capital Markets Inc.
416-214-6182 or 1-888-276-2258
dcabral@cclgroup.com

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Connor, Clark & Lunn Conservative Income Fund

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