Energy Split Corp. Inc. Declares Quarterly Distributions

    TORONTO, Feb. 27 /CNW/ - The Board of Directors of Energy Split Corp.
Inc. (the "Company") today declared a return of capital distribution of
$0.23625 per Class B Preferred Share payable on March 14, 2008 to holders of
record at the close of business on March 7, 2008.
    In addition, the Board of Directors of the Company has declared a capital
gains distribution of $0.65 per Capital Yield Share, payable on March 14, 2008
to holders of record at the close of business on March 7, 2008. Consequently,
the twelve month trailing distribution totals $2.820 per Capital Yield Share.
Distributions paid by the Company will vary with the actual distributions of
the underlying portfolio of oil and gas funds and such variations may be

    The Company is a mutual fund corporation created to hold a portfolio
consisting of 20 publicly listed oil and gas royalty trusts. The Company
generates a fixed cumulative preferential tax efficient quarterly distribution
for the Class B Preferred Shareholders and provides the Capital Yield
Shareholders with a leveraged play on the yield and price performance from the
fixed portfolio.
    Capital Yield Shares and Class B Preferred Shares of Energy Split Corp.
Inc. are listed for trading on The Toronto Stock Exchange under the symbols ES
and ES.PR.B respectively.

    %SEDAR: 00019693E

For further information:

For further information: Investor Relations: Energy Split Corp. Inc.,
(416) 945-4870, E-mail:, Web site:

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