AGF Management Limited Declares Dividend

    TORONTO, June 24 /CNW/ - On June 23, 2009, the Board of Directors of AGF
Management Limited (AGF) declared a dividend of $0.25 per share on both the
Class B non-voting shares and the Class A common voting shares of the Company.
This dividend will be payable on July 20, 2009 to shareholders of record on
July 9, 2009.

    About AGF Management Limited

    AGF Management Limited is one of Canada's premier investment management
companies with offices across Canada and subsidiaries around the world. AGF's
products and services include a diversified family of award-winning mutual
funds, AGF Elements portfolios, the Harmony asset management program, services
for institutional and high-net-worth clients, as well as AGF Trust GICs, loans
and mortgages. With approximately $37.4 billion in total assets under
management, AGF serves more than one million investors. AGF trades on the
Toronto Stock Exchange under the symbol "AGF.B".

For further information:

For further information: AGF Management Limited shareholders and
analysts, please contact: Greg Henderson, CA, Senior Vice-President and Chief
Financial Officer, (416) 865-4156,; Deirdre Neary,
Director, Investor Relations, (416) 815-6268,; Media,
please contact: Lucy Becker, Vice-President, Corporate Communications, (416)

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