TORONTO, March 14 /CNW/ - (RPA.PR.A) - The Board of Directors of ROC Pref
II Corp. ("the Company") has today declared a cash distribution of $0.290625
per Preferred Share consisting of a return of capital on such Preferred Shares
equal to $0.290625 per share payable on March 31, 2008 to holders of record at
the close of business on March 24, 2008.
The Company is a mutual fund corporation that issued 5.25-year
redeemable, retractable cumulative P-1 (Low) rated Preferred Shares which
mature on or about December 31, 2009. The Company used the proceeds to gain
exposure, by way of an equity forward sale agreement, to an A- rated
structured note that offers credit exposure to a portfolio of 142 companies
that were rated investment grade at inception.
The Preferred Shares are listed for trading on the Toronto Stock Exchange
under the symbol RPA.PR.A.
For further information:
For further information: please visit www.cclcapitalmarkets.com or
contact: Tim Bradshaw, National Sales Manager, Connor, Clark & Lunn Capital
Markets Inc., (416) 364-3658, firstname.lastname@example.org