Fairway Diversified Income and Growth Trust (FDT.UN), and Deans Knight Income and Growth Fund (DKI.UN) Announce Additional Matter for Special Unitholder Meetings

    TORONTO, Sept. 23 /CNW/ - JovFunds Management Inc. ("JovFunds"), the
manager and trustee of Fairway Diversified Income and Growth Trust ("Fairway
Diversified") and Deans Knight Income and Growth Fund ("Deans Knight")
(individually, a "Fund", and collectively, the "Funds") announces that,
further to the Press Releases of September 12, 2008, and September 22, 2008,
the special meetings of the unitholders of the Funds that will occur on
October 20, 2008, are being held to consider the following additional

    Authority to Merge with Appropriate Affiliated Trusts:

    Unitholders of each of the Funds will be asked to consider passing an
extraordinary resolution approving an amendment to the declaration of trust of
each of the Funds that will permit the trustee to merge or otherwise combine
or consolidate the Fund with one or more other funds (the "Merging Funds")
administered by the trustee or an affiliate of the trustee without seeking
unitholder approval of each such merger, provided any merger effected meets
certain criteria, namely:

    (1) The Fund and the Merging Fund must have similar investment objectives
        as set forth in their respective declarations of trust, as determined
        in good faith by the trustee;

    (2) The trustee or manager of the Fund and the Merging Fund must either
        be the same or affiliates;

    (3) The trustee must determine in good faith that there will be no
        increase in the management expense ratio borne by unitholders of the
        Fund as a result of the merger of the Fund and the Merging Fund;

    (4) The merger must be completed on the basis of an exchange ratio
        determined with reference to the net asset value per unit of the Fund
        and Merging Fund;

    (5) The merger must be completed on a tax deferred basis; and

    (6) The merger must receive the approval of the Fund's Independent Review

    About JovFunds Management Inc. (www.jovfunds.com)

    JovFunds provides innovative investment solutions for Canadians through
the creation, distribution and management of high quality investment products.
JovFunds manages and distributes in excess of $2.5 billion in client assets
and is wholly owned by Jovian Capital Corporation.

    About Jovian Capital Corporation (www.joviancapital.com)

    Jovian acquires, creates and grows financial services companies
specializing in wealth and asset management. The Jovian group of companies
(MGI Securities Inc., MGI Securities (USA) Inc., Rice Financial Group Inc.,
BetaPro Management Inc., Horizons Funds Inc., JovFunds Management Inc.,
JovFunds Inc., JovInvestment Management Inc., Leon Frazer & Associates Inc.,
T.E. Wealth and Felcom Data Services Inc.) manages $15.0 billion of client
assets ($6.0 billion in assets under management and $9.0 billion in assets
under administration). Additional information is available at
www.joviancapital.com and www.sedar.com.

For further information:

For further information: Steven Hawkins, Managing Partner, JovFunds
Management Inc., (416) 601-2442; or Don Sangster, Investor Relations, Jovian
Capital Corporation, (416) 933-5744

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