Crown Hill Fund Special Meeting Adjourned

    TORONTO, June 30 /CNW/ - Crown Hill Fund (the "Fund") announced today
that the special meeting of the Fund held on June 29, 2009 to consider the
first step in the reorganization of the Fund (the "Reorganization") was
adjourned to 4:15 p.m. on Monday, July 13, 2009. The first step in the
Reorganization involves the formation of a joint venture between the Fund and
its manager, Crown Hill Capital Corporation, that will hold the management
rights to the Fund and the Citadel Group of Funds once the Reorganization is
complete (the "Related Party Transaction").
    The securities regulatory authorities have expressed concerns about the
Reorganization, including disclosure relating to the Related Party
Transaction. The Reorganization, including the Related Party Transaction, will
not proceed until the concerns of the securities regulatory authorities are

For further information:

For further information: Crown Hill Fund, Investor Relations, (416)

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