Global Strategy Master LP

    TORONTO, Jan. 21 /CNW/ - The quarterly distribution of partnership income
for the fourth quarter ended December 31, 2008 and annual distribution for the
year ended December 31, 2008 of Global Strategy Master LP (Stock Symbol
LPV.UN) are as follows:

    For those limited partners who elected the quarterly distribution option
    Rate: (Quarterly)        $0.0201

    For those limited partners who elected the annual distribution option
    Rate: (Annual)           $0.1088

    Payable Date:            January 30, 2009
    Record Date:             December 31, 2008
    Period of Income:        October 1 to December 31, 2008 (Quarterly)
                             January 1 to December 31, 2008 (Annual)

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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