CMP Gold Trust Announces Completion of Special Distribution

TORONTO, Jan. 18 /CNW/ - Goodman & Company, Investment Counsel Ltd. ("Goodman & Company"), manager of CMP Gold Trust (TSX: CMP.UN) (the "Trust"), which is sub-advised by Ned Goodman Investment Counsel Limited ("NGIC"), announces on behalf of the Trust that the special non-cash distribution previously announced on December 21, 2010, which was estimated to be in the amount of $0.58 per unit (referred to herein as a "Trust Unit"), has been completed on January 17, 2011 in the amount of $0.55 per Trust Unit to unitholders of record on December 31, 2010. The distribution was made in the form of additional Trust Units.

Immediately following this special non-cash distribution, the number of outstanding Trust Units were consolidated such that each registered unitholder now holds the same number of Trust Units as such unitholder held before this special non-cash distribution, except in the case of non-resident registered unitholders. The number of Trust Units held by non-resident registered unitholders were reduced by the number of Trust Units having a value equal to the withholding tax that is required to be withheld by the Trust and such withheld Trust Units may be sold by the Trust to satisfy such obligations.

About Goodman & Company
Goodman & Company is a Canadian asset management company tracing its roots back more than 50 years. Goodman & Company offers a wide range of wealth management solutions through financial advisors. These include the mutual funds and hedge funds of Dynamic Funds®, the portfolio solutions of the Marquis Investment Program, the flow-through limited partnerships of CMP™ and Canada Dominion and the high net worth wealth management of DundeeWealth Investment Counsel. Goodman & Company is a wholly owned subsidiary of DundeeWealth Inc. (TSX: DW).

About NGIC
Ned Goodman Investment Counsel Limited (formerly, Ravensden Asset Management Inc.) is a wholly owned subsidiary of Dundee Corporation and is led by Ned Goodman, CFA, utilizing a team of resource specialists at Dundee Resources Limited. NGIC acts as a sub-advisor to certain investment funds and limited partnerships established by DundeeWealth Inc.

This press release contains forward-looking information. The forward-looking information contained in this press release is not historical information but is based on historical information concerning the performance of the Trust and its portfolio. The forward-looking information reflects the Trust's current expectations regarding future results or events, including the amount of distributions paid by the Trust and the date specified for the payment of the distributions by the Trust, which may differ significantly from the distribution amounts and date indicated in this press release due to, among other things: changes in portfolio composition; the performance (financial or otherwise) of the portfolio and of the issuers whose securities are included therein; general economic and stock market conditions; and the uncertainty of realizing capital gains. The forward looking information is subject to a number of risks, uncertainties and other factors that could influence actual results or events and cause them to differ materially from current expectations. Risk and uncertainties are described under "Risk Factors" in the Trust's prospectus and other documents filed by the Trust with the Canadian securities regulatory authorities. The forward-looking information contained in this press release constitutes the Trust's current estimate, as of the date of this press release, with respect to the matters covered hereby. Investors and others should not assume that any forward-looking information contained in this press release represents the Trust's estimate as of any date other than the date of this press release and are cautioned not to place undue reliance on such information due to the inherent uncertainty therein. Except where required by under applicable securities legislation, Goodman & Company does not undertake to update any forward looking information.

SOURCE Goodman

For further information:

Customer Relations Centre
Goodman & Company, Investment Counsel Ltd.          
1-800-268-8186 or
Myra Reisler
Media Relations
(416) 365-5370

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