SCITI Trust Retains Financial Advisor

TORONTO, Dec. 13, 2012 /CNW/ - SCITI Limited, in its capacity as trustee (the "Trustee") for SCITI Trust (the "Trust" or "SCITI"), has retained Scotiabank to advise the Trust on a possible extension and reorganization of the Trust. There is no guarantee that after such review an extension will be proposed or if proposed, will be approved by the unitholders.

SCITI is an investment trust whose investment portfolio consists of income funds, corporations and other entities that reflect the makeup of the 50 highest yielding members of the Scotia Capital High Yielding Equity Index on an approximately equal weight basis in order to provide unitholders with a diversified and high yielding portfolio.

Trust Units of SCITI are listed for trading on The Toronto Stock Exchange under the symbol SIN.UN.


SOURCE: SCITI Trust

For further information:

Investor Relations
SCITI Limited,
Trustee of SCITI Trust
(416) 945-4394
E-mail: sciti.trust@scotiabank.com
Web site: www.scotiamanagedcompanies.com


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