Results of the Citadel Group of Funds Unitholder Meeting and Next Steps

TORONTO, Nov. 19 /CNW/ - Crown Hill Capital Corporation and Citadel Fund Administrator announce that unitholders of the Citadel HYTES Fund (CHF.UN, TSX), Citadel Premium Income Fund (CPF.UN, TSX), Citadel S-1 Income Trust Fund (SDL.UN, TSX), and Citadel Stable S-1 Income Fund (CSR.UN, TSX) (collectively the "four Citadel Funds") approved the Reorganization Proposal at the Special Meetings of unitholders (the "Meetings") held on November 17, 2009.

As part of the Reorganization Proposal, the four Citadel Funds will be merged with Equal Weight Plus Fund (EQW.UN, TSX) and the Crown Hill Fund (MYT.UN, TSX) (the four Citadel Funds, Equal Weight Plus and the Crown Hill Fund collectively the "Funds") into the continuing fund that will be renamed the Citadel Income Fund.

The effective date for the merger of the Funds is expected to be on or about December 2, 2009 (the "Effective Date"). The Citadel Income Fund is expected to begin trading on the Toronto Stock Exchange on or about December 7, 2009 under a new trading symbol that will be announced by press release prior to that date.

"We are very pleased that an overwhelming majority of unitholders approved the Reorganization Proposal for the four Citadel Funds," said Mr. Wayne Pushka, President of Crown Hill Capital Corporation. "As we proceed with the next steps forward, we would also like to thank unitholders, investment advisors and the analysts for their support and feedback during the past few months."

Unitholders of the Crown Hill Fund and Equal Weight Plus Fund who redeemed units pursuant to the special redemption privilege in connection with the merger are expected to receive the proceeds of such redemptions on or about December 3, 2009 based on the net asset value of the Fund on the Effective Date. All unitholders will receive the November distribution, which will be payable to unitholders of record on November 30, 2009. The November distributions are expected to be paid on or about December 3, 2009.

The Reorganization resolution for the Citadel SMaRT Fund (CRT.UN, TSX) was not approved. Detailed voting results of the Meetings were filed on

This release contains forward-looking statements. Forward-looking statements are given only as at the date of this release and Crown Hill Capital Corporation, Citadel Fund Administrator and the Funds disclaim any obligation to update or revise the forward looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.


For further information: For further information: Media Contact: Janet Craig, Kingsdale Communications Inc., (416) 867-2315,

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