Global Strategy Master LP

    TORONTO, July 21 /CNW/ - The quarterly cash distribution of partnership
income of Global Strategy Master LP (Stock Symbol LPV.UN) for the second
quarter ended June 30, 2008 is as follows:

    Rate:                 $0.0310
    Payable Date:         July 30, 2008
    Record Date:          June 30, 2008
    Period of Income:     April 1, 2008 to June 30, 2008

For further information:

For further information: Greg Henderson, Director, Global Strategy
Master GP Inc., (416) 367-1900

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Global Strategy Master Limited Partnership

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