Sentry Select Lazard Global Listed Infrastructure Fund (TSX: GLS.UN) and Sentry Select 40 Split Income Trust (TSX:

TORONTO, ONTARIO, Jan 22 (MARKET WIRE) --
Sentry Select Capital Corp. ("Sentry Select") is pleased to announce
that for 2008, the indicative quarterly distribution amount for Sentry
Select Lazard Global Listed Infrastructure Fund (TSX: GLS.UN) is $0.125
per unit, and the indicative monthly distribution amount for Sentry
Select 40 Split Income Trust Capital Units (TSX: SFO.UN) is $0.0833 per
unit. However, if the make-up of each portfolio changes, or if the
portfolio holdings make distributions other than in accordance with their
indicated guidance, distributions may differ.

Sentry Select Capital Corp.

Sentry Select Capital Corp. is a Canadian wealth management company that
manages approximately $8 billion in gross assets as of December 31, 2007.
The company offers a diverse range of investment products including
closed-end trusts, mutual funds, principal-protected notes and
flow-through limited partnerships, covering a variety of domestic and
global mandates. Sentry Select is the manager and/or advisor to 30
Toronto Stock Exchange-listed reporting issuers. In addition, Sentry
Select manages and/or provides advisory services to four reporting
issuers listed on the TSX Venture Exchange.

Certain statements included in this news release constitute
forward-looking statements, including, but not limited to, those
identified by the expressions "expect", "intend", "will" and similar
expressions to the extent they relate to Sentry Select. The
forward-looking statements are not historical facts but reflect Sentry
Select's current expectations regarding future results or events. These
forward-looking statements are subject to a number of risks and
uncertainties that could cause actual results or events to differ
materially from current expectations, including the ability of Sentry
Select to pay the distributions on the dates specified. Although Sentry
Select believes that the assumptions inherent in the forward-looking
statements are reasonable, forward-looking statements are not guarantees
of future performance and, accordingly, readers are cautioned not to
place undue reliance on such statements due to the inherent uncertainty
therein. Sentry Select undertakes no obligation to update publicly or
otherwise revise any forward-looking statement or information whether as
a result of new information, future events or other such factors which
affect this information, except as required by law.

All capitalized terms used herein but not defined are as per the Trust's
Declaration of Trust.

The Exchange Tower
130 King Street West
Suite 2850, P.O. Box 104
Toronto, Ontario M5X 1A4

Contacts:
Sentry Select Capital Corp.
Investor Services
(broker/investor inquiries)
1-888-246-6656

Sentry Select Capital Corp.
Kinga Lam
(media inquiries)
1-888-246-6656
(416) 364-1197 (FAX)
Email: info@sentryselect.com
Website: www.sentryselect.com

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