Investment Grade Trust Announces Distribution For Period ending December 31, 2007

    TORONTO, Dec. 12 /CNW/ - Investment Grade Trust (TSX: BND.UN) today
announces a distribution for the period from July 1, 2007 to December 31, 2007
of $0.25 per unit of Investment Grade Trust ("Unit") payable on January 11,
2008 to holders of Units ("Holders") of record as at December 31, 2007.
    Investment Grade Trust's objectives are: i) to provide Holders with a
stable stream of tax efficient semi-annual distributions consisting primarily
of capital gains and return of capital of approximately $0.25 per Unit ($0.50
per annum to yield 5.00% on the subscription price of $10.00 per Unit); and
ii) to return an amount per Unit equal to the original subscription price of
$10.00 per Unit to Holders on or about December 31, 2012.
    Investment Grade Trust is listed on The Toronto Stock Exchange under the
symbol BND.UN.

    %SEDAR: 00018717E

For further information:

For further information: Crown Hill Investment Corporation, (416)

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Investment Grade Trust

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