Core Canadian Dividend Trust Declares Monthly Distribution

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Tue Aug 5, 2008 4:04pm EDT 

  TORONTO, ONTARIO, Aug 05 (MARKET WIRE) -- 
Core Canadian Dividend Trust (the "Fund") (TSX: CDD.UN) has declared its
monthly distribution of C$0.04415 per unit payable August 29, 2008 to
unitholders of record as of August 15, 2008.

    The Fund's investment objectives are: (i) to provide unitholders of the
Fund with monthly cash distributions in an amount targeted to be 6.5% per
annum on the net asset value ("NAV") of the Fund; and (ii) to preserve
and grow the NAV per Unit.

    The Fund's investment portfolio is managed by its investment manager,
Mulvihill Capital Management Inc. To generate additional returns above
the dividend income earned on the Fund's investment portfolio, the Fund
will, from time to time, write covered call options in respect of some or
all of the securities in the portfolio.

    The Fund's Units are listed on the Toronto Stock Exchange under the
symbol CDD.UN.


----------------------------------------------------
Distribution Details :

Distribution per Unit                $0.04415
Payable Date:                        August 29, 2008
Record Date:                         August 15, 2008
Ex-Dividend Date:                    August 13, 2008
----------------------------------------------------


    


A member of the Mulvihill Capital Management Inc. Group of Funds.

Contacts:
Mulvihill Structured Products
John Mulvihill
President & CEO
(416) 681-3966 or 1-800-725-7172

Mulvihill Structured Products
Don Biggs
Senior Vice President
(416) 681-3966 or 1-800-725-7172
Email: hybrid@mulvihill.com
Website: www.mulvihill.com

Copyright 2008, Market Wire, All rights reserved.

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