Monthly Distribution and Net Asset Value as at August 15, 2010

MONTREAL, Aug. 18 /CNW Telbec/ - Global Diversified Investment Grade Income Trust ("Global DIGIT") declares the following monthly distribution consisting of a partial capital reimbursement:

                                                          Total  TSX Closing
                Distri-                           Distributions    Price Per
                bution                                  in 2010   Unit as of
    Trading     Amount     Record        Payable   (all capital    August 18,
    Symbol   (per unit)      Date           Date  distributions)        2010
    DG.UN       $0.024  August 31,  September 15,        $0.168        $3.67
                             2010           2010

The objectives of Global DIGIT is to provide unitholders with varying monthly distributions based on the applicable one-month bankers' acceptance rate plus 2.00%. The current bankers' acceptance rate is approximately 0.90%.

Global DIGIT announces that the net asset value ("NAV") per unit as of August 15, 2010 was estimated to be $3.67.

The NAV on a particular date is equal to the aggregate value of the assets of Global DIGIT, less the aggregate value of its liabilities. Substantially all of the assets of Global DIGIT consist of cash and three credit default swaps entered into with Deutsche Bank A.G. (Canada Branch) and the related collateral.

About Global DIGIT

Global DIGIT provides an economic interest in a mezzanine tranche of credit default swap agreements in respect of portfolios of synthetic corporate exposures, mortgage-backed securities, asset-backed securities and structured finance securities.

SOURCE Global Diversified Investment Grade Income Trust

For further information: For further information: François Rivard, 514-879-6405,

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Global Diversified Investment Grade Income Trust

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