Gluskin Sheff + Associates Inc. declares regular quarterly dividend of $0.12 May 7, 2009

    TORONTO, May 7 /CNW/ - Gluskin Sheff + Associates Inc. (the "Company")
today declared its regular quarterly dividend of $0.12 per common share
payable on June 11, 2009, to shareholders of record at the close of business
on May 20, 2009.

    Founded in 1984, Gluskin Sheff + Associates Inc. is one of Canada's
pre-eminent wealth management firms serving high net worth private clients and
institutional investors. Gluskin Sheff offers equity and fixed income
investment portfolios and is one of the largest alternative investment
managers in Canada. The Company's Subordinate Voting Shares are listed on the
Toronto Stock Exchange under the symbol "GS". For more information about the
Company, please visit our website at

For further information:

For further information: Valerie Barker, Chief Financial Officer and
Secretary, (416) 681-6002

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