Connor, Clark & Lunn Capital Markets Inc. Declares Initial Distribution for Australian Banc Capital Securities Trust

TORONTO, Jan. 20 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. today declared the initial distribution for Australian Banc Capital Securities Trust for the period from inception on December 17, 2010 to January 31, 2011.  The distribution amount is $0.074 per Unit.  The distribution amount represents an annualized current yield of 6.0% based on the initial offering price of $10.00 per Unit.

Fund Trading Symbol Distribution Amount (per Unit) Record Date Payable Date Distribution Amount Annualized TSX Trading Price Per Unit as of Jan. 19, 2011 Current Yield
Australian Banc Capital Securities Trust (Class A Units and Class F Units) AUZ.UN $0.074 Jan. 31, 2011 Feb. 15, 2011 $0.60 $10.00 6.0%

Connor, Clark & Lunn Capital Markets Inc. (CC&L Capital Markets) is a leading Canadian structured financial products investment firm that is focused on creating and managing high quality investment vehicles that will stand the test of time and ultimately allow our clients to achieve their personal financial goals.

Formed in 2001, CC&L Capital Markets has designed, launched and currently manages sixteen investment vehicles, raising approximately $1.85 billion in assets.

CC&L Capital Markets is part of the Connor, Clark & Lunn Financial Group. Connor, Clark & Lunn Financial Group provides investment management services to individuals, advisors, pension plans, institutional investors and foundations. The investment platform offers a broad range of traditional and alternative investment management services, including domestic and international equities and fixed income, hedge funds, private equity and infrastructure.

As Canada's only multi-boutique asset management firm, Connor, Clark & Lunn Financial Group is uniquely focused on creating the conditions for success for its clients, partners and employees. The firm has offices in Vancouver, Edmonton, Calgary, Regina, Toronto, Ottawa and Montreal and through its affiliated investment managers is responsible for the investment of approximately $39 billion in financial assets.

SOURCE Connor, Clark

For further information:

please visit www.cclcapitalmarkets.comor contact:

Darren Cabral
Vice President
Connor, Clark & Lunn Capital Markets Inc.
416-214-6182
Toll Free: 1-888-276-2258
dcabral@cclgroup.com

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Connor, Clark & Lunn Capital Markets Inc.

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Australian Banc Capital Securities Trust

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