Acuity Small Cap Corporation declares distribution

/THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES./

TORONTO, April 7 /CNW/ - (TSX: ASF): Acuity Small Cap Corporation (the "Corporation") announces an indicative distribution for the following twelve months of $0.15 per annum per Class A share ($0.0125 per month). This is based upon the prevailing market conditions and the Manager's estimate of distributable cash flow for the year.

The distribution per share per month for record dates through to March 31, 2011, is as follows:

    
    Month              Record Date             Payment Date           Amount
    -----              -----------             ------------           ------

    April            April 30, 2010            May 13, 2010          $0.0125

    May                May 31, 2010           June 10, 2010          $0.0125

    June              June 30, 2010            July 8, 2010          $0.0125

    July              July 30, 2010          August 12, 2010         $0.0125

    August           August 31, 2010        September 9, 2010        $0.0125

    September      September 30, 2010        October 7, 2010         $0.0125

    October         October 29, 2010        November 12, 2010        $0.0125

    November        November 30, 2010        December 9 2010         $0.0125

    December        December 31, 2010        January 13, 2011        $0.0125

    January         January 31, 2011        February 10, 2011        $0.0125

    February        February 28, 2011         March 10, 2011         $0.0125

    March             March 31, 2011          April 14, 2011         $0.0125
    

The Class A shares trade on the Toronto Stock Exchange under the symbol "ASF".

Acuity Investment Management Inc. ("Acuity") provides investment advisory and portfolio management services to the Corporation. Acuity was formed in 1990 and currently has assets under management of approximately $7.9 billion.

%SEDAR: 00025423E

For further information: please contact Investor Relations, at Acuity Funds Ltd. at 1-800-461-4570