Claymore Investments, Inc. Announces June Distributions on Closed-End Funds

    TORONTO, June 19 /CNW/ - Claymore Investments, Inc. is pleased to
announce the June distributions for the following closed-end funds:

                    Trading    bution  Record  Payment    Payment Investment
    Fund Name        Symbol    Amount    Date     Date  Frequency    Manager
    Adjustable Rate                   June 30, July 15,              Spartan
     MBS Trust       ADJ.UN    $0.135    2008     2008    Monthly    II, LLC
    Big Bank Big                                                    Claymore
     Oil Split Corp.                  June 30, July 15,             Advisors,
    (Capital Shares)    BBO     $0.09    2008     2008    Monthly        Inc.
    Big Bank Big
     Oil Split Corp.                                                Claymore
     (Preferred                       June 30, July 15,             Advisors,
     Shares)       BBO.PR.A  $0.13125    2008     2008  Quarterly        Inc.

    Claymore Investments, Inc. is a wholly-owned subsidiary of Claymore
Group, Inc., a financial services and asset management company based in the
Chicago, Illinois area. Claymore Group entities provide supervision,
management, servicing or distribution on approximately US$19.5 billion in
assets as of May 31, 2008.
    For further information about any of the Claymore Funds or Claymore
Investments, Inc., please contact your financial advisor or visit our website

    Commissions, trailing commissions, management fees and expenses all may
be associated with mutual fund investments. Please read the prospectus before
investing. Mutual funds are not guaranteed, their values change frequently and
past performance may not be repeated.

For further information:

For further information: Media Inquiries, please contact: Sara Beazely,, (416) 813-2007; or Som Seif, President,
Claymore Investments, Inc., Toronto, (866) 417-4640,

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