Global Diversified Investment Grade Income Trust - Monthly Distribution and Net Asset Value as at July 31, 2009

    MONTREAL, Aug. 5 /CNW Telbec/ - Global Diversified Investment Grade
Income Trust ("Global DIGIT") declares the following monthly distribution
consisting of a partial capital reimbursement:

                                                                TSX Closing
             Distri-                                Distri-     Price Per
             bution                                 bution      Unit as of
    Trading  Amount      Record      Payable        Amount      August 5,
    Symbol   (per unit)  Date        Date           Annualized  2009
    DG.UN    $0.0495     August 31,  September 15,  $0.594      $2.10
                         2009        2009

    Starting September 2009, the monthly distributions will become a floating
amount based on the applicable one-month bankers' acceptance rate plus 2.00%.
Taking into account a current bankers' acceptance rate of 0.3950%, the monthly
distribution would be approximately $0.02.
    Global DIGIT also announces that the net asset value ("NAV") per unit as
at July 31, 2009 is estimated to be $2.43.
    The NAV on a particular date is equal to the aggregate value of the
assets of Global DIGIT, less the aggregate value of its liabilities.
Substantially all of the assets of Global DIGIT consist of cash and three
credit default swaps entered into with Deutsche Bank A.G. and the related

    About Global DIGIT

    Global DIGIT provides an economic interest in a mezzanine tranche of
credit default swap agreements in respect of portfolios of synthetic corporate
exposures, mortgage-backed securities, asset-backed securities and structured
finance securities.

For further information:

For further information: François Rivard, (514) 879-6405,

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Global Diversified Investment Grade Income Trust

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