Citadel Funds announce change of Administrators

    TORONTO, June 4 /CNW/ - The Citadel Group of Funds announced today that
1472278 Alberta Ltd. (the "New Administrator"), a wholly-owned subsidiary of
CH Fund Administration LP, has become the administrator of each of the Citadel
Funds, other than CGF Mutual Funds Corporation, effective June 3, 2009. The
change of administrator for CGF Mutual Funds Corporation remains subject to
notice to the securityholders of each mutual fund class of CGF Mutual Funds
Corporation and approval of the applicable securities regulatory authorities.
    The New Administrator acquired the administrative services agreements in
respect of each of the Citadel Funds (other than CGF Mutual Funds Corporation,
pending the notice and regulatory approval noted above) pursuant to a share
purchase agreement dated June 3, 2009 among the Canadian Income Fund Group
Inc. (the parent of the previous administrators for the Citadel Funds), the
New Administrator, CH Fund Administration LP and various entities that were
the previous beneficial owners of the administrative services agreements.
    Except for the change of administrators, the business and affairs of the
Citadel Funds remains unchanged.

    The Citadel Group of Funds is comprised of:

    Closed End Funds
    Citadel Diversified Investment Trust (TSX: CTD.un)
    Citadel HYTES Fund (TSX: CHF.un)
    Citadel Premium Income Fund (TSX: CPF.un)
    Citadel S-1 Income Trust Fund (TSX: SDL.un)
    Citadel SMaRT Fund (TSX: CRT.un)
    Citadel Stable S-1 Income Fund (TSX: CSR.un)
    Energy Plus Income Trust (TSX: EPF.un)
    Equal Weight Plus Fund (TSX: EQW.un)
    Financial Preferred Securities Corporation (TSX: FPR.PR.A)
    Series S-1 Income Fund (TSX: SRC.un)
    Sustainable Production Energy Trust (TSX: SPU.un)

    Mutual Funds
    CGF Canadian Heavyweight Equity Class (CFC002)
    CGF Global Heavyweight Equity Class (CFC302)
    CGF Income & Equity Class (CFC402)
    CGF International Heavyweight Equity Class (CFC202)
    CGF US Heavyweight Equity Class (CFC102)

    Flow-Through Funds
    CGF Resource 2008 Flow-Through Limited Partnership

For further information:

For further information: Citadel Group of Funds at 1-866-936-7880 or at
1-877-261-9674 or visit our website at

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