CI Master Limited Partnership

    TORONTO, June 14 /CNW/ - CI GP Limited, the general partner of CI Master
Limited Partnership (the "Partnership"), announced today it has received an
indication from CI Investments Inc. that it is considering a proposal to
terminate the distribution agreements between CI Investments Inc. and the
Partnership (which are the principal assets of the Partnership) for a one-time
lump sum payment. The terms and conditions of the proposal (including the
amount of the lump sum payment) have not been finalized. The completion of any
such transaction, including any subsequent dissolution of the Partnership,
will be subject to applicable regulatory and limited partner approval.

For further information:

For further information: Douglas J. Jamieson, Senior Vice-President and
Chief Financial Officer, CI GP Limited, the general partner of CI Master
Limited Partnership, (416) 681-1718

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