Investment Grade Trust Announces Distribution For Period ending December 31,

TORONTO, Dec. 23 /CNW/ - Investment Grade Trust (TSX: BND.UN) today announces a distribution for the period from July 1, 2009 to December 31, 2009 of $0.25 per unit of Investment Grade Trust ("Unit") payable on January 15, 2010 to holders of Units ("Holders") of record as at December 31, 2009.

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

SOURCE Investment Grade Trust

For further information: For further information: Crown Hill Investment Corporation, (416) 361-1212

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