SNP Split Corp. Declares Quarterly Distribution

    TORONTO, Aug. 22 /CNW/ - The Board of Directors of SNP Split Corp. (the
"Company") has today declared a cash distribution of US$0.1281 per Class B
Preferred Share consisting of a return of capital on such Class B Preferred
Shares equal to US$0.1281 per share payable on September 4, 2007 to holders of
record at the close of business on August 31, 2007.
    Holders of Class B Preferred Shares are entitled to receive quarterly
fixed cumulative distributions equal to US$0.1281 per Class B Preferred Share.
Such distributions may consist of ordinary dividends, capital gains dividends,
and/or non-taxable returns of capital.

    SNP Split Corp. is a mutual fund corporation created to hold a portfolio
of common shares (the "Portfolio Shares") of the companies that make up the
S&P 100 Index. The Company generates quarterly fixed cumulative preferential
distributions for the Class B Preferred Shareholders and provides the Capital
Shareholders with a leveraged investment, the value of which is linked to
changes in the market price of the Portfolio Shares.
    Capital Shares and Class B Preferred Shares of SNP Split Corp. are listed
for trading on The Toronto Stock Exchange under the symbols SNP.U and SNP.PR.V

    %SEDAR: 00016247E

For further information:

For further information: Investor Relations, SNP Split Corp., (416)
945-4994, E-mail:, Web site:

Organization Profile


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