Sarbit Reduces MER on all Funds

    WINNIPEG, Jan. 9 /CNW/ - Sarbit Asset Management Inc. (Sarbit) announced
today, the reduction in the Management Expense Ratio (MER) of all Sarbit
mutual funds and its OM product, to reflect the recent reduction in the GST.
Please refer to our website for further details.

For further information:

For further information: Terry Baxter, Chief Financial Officer,
Executive Vice President, Finance and Administration, (204) 944-2452

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