SCITI Total Return Trust Provides Summary of Operations for the Month of<br>September 2010

TORONTO, Oct. 15 /CNW/ - SCITI Total Return Trust (the "Trust") provides the following unaudited summary of operations for the month ended September 30, 2010.

During the month, distributions and other income, net of expenses, earned by the Trust amounted to approximately $0.2 million or $0.08 per unit. In line with its investment mandate, this amount will be reinvested in income fund units included in the Trust's portfolio. The net asset value per unit as at September 30, 2010 was $11.84. From inception to September 30, 2010 a total of $2.25 per unit has been either reinvested in the underlying portfolio or used to repurchase units.

The Trust was created to provide holders of units with tax efficient exposure to the total return of an approximately equally weighted portfolio of the 100 largest income funds included in the Scotia Capital Income Trust Index from time to time.

Units are listed for trading on the TSX under the symbol STF.UN.

%SEDAR: 00023434E

For further information:

Investor Relations
SCITI Total Return Trust
[phone]
E-mail: [email protected]
Web site: www.scotiamanagedcompanies.com