Energy Split Corp. Inc. Declares Quarterly Distributions

TORONTO, Nov. 26 /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 December 16, 2009 to holders of record at the close of business on December 9, 2009.

In addition, the Board of Directors of the Company has declared a capital gains distribution of $0.29 per Capital Yield Share, payable on December 16, 2009 to holders of record at the close of business on December 09, 2009.

Holders of Class B Preferred Shares are entitled to receive quarterly fixed cumulative distributions equal to $0.23625 per Preferred Share. The Capital Yield Shareholders are provided with a leveraged play on the yield and price performance from a fixed portfolio consisting of 16 oil and gas royalty trusts listed on the Toronto Stock Exchange. The Company's Capital Yield Share distribution policy is to pay a quarterly distribution on the Capital Yield Shares equal to the excess of the distributions received on the royalty trust portfolio minus the Class B Preferred Share distributions and all administrative and operating expenses provided the net asset value per Unit at the time of declaration, after giving effect to the distribution, would be greater than the original issue price of the Class B Preferred Shares.

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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