ROC Pref III Corp. Declares Quarterly Distribution

    TORONTO, March 14 /CNW/ - (RPB.PR.A) The Board of Directors of ROC Pref
III Corp. ("the Company") has today declared a cash distribution of $0.275 per
Preferred Share consisting of a return of capital on such Preferred Shares
equal to $0.275 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 7-year redeemable,
retractable cumulative P-2 (low) rated Preferred Shares which mature on or
about March 23, 2012. The Company used the proceeds to gain exposure, by way
of an equity forward sale agreement, to a BBB- rated structured note that
offers credit exposure to a portfolio of 124 companies, that were rated
investment grade at inception.

    The Preferred Shares are listed for trading on the Toronto Stock Exchange
    under the symbol RPB.PR.A

For further information:

For further information: please visit or
contact: Tim Bradshaw, National Sales Manager, Connor, Clark & Lunn Capital
Markets Inc., (416) 364-3658,

Organization Profile

Connor, Clark & Lunn Capital Markets Inc.

More on this organization


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890