5Banc Split Inc. Announces Quarterly Dividend on Preferred Shares and Continued Suspension on Capital Share Dividend

TORONTO, ONTARIO, Apr 07 (MARKET WIRE) --
5Banc Split Inc. (TSX: FBS.B)(TSX: FBS.PR.B) announced today that it has
declared a quarterly dividend on its Preferred Shares of $0.11875 per
Preferred Share, payable on June 12, 2009 to holders of record on May 29,
2009. Holders of Preferred Shares are entitled to receive quarterly fixed
cumulative dividends equal to $0.11875 per Preferred Share.

Due to the level of asset coverage on the Preferred Shares caused by the
current market conditions with respect to the underlying portfolio
securities, the Board has continued its suspension of Capital Shares
dividends at this time. Any excess of the dividends received on the
underlying portfolio securities minus the distributions payable on the
Preferred Shares and all administrative and operating expenses, will be
held in cash or be reinvested in short-term debt securities or underlying
portfolio shares.

5Banc Split was established to generate dividend income for the Preferred
Shares while providing holders of the Capital Shares with a leveraged
opportunity to participate in capital appreciation from a portfolio of
common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian
Imperial Bank of Commerce, Royal Bank of Canada and The Toronto-Dominion
Bank. Information concerning 5Banc Split Inc. is available on our website
at www.tdsponsoredcompanies.com.

The Capital Shares and Preferred Shares of 5Banc Split are listed on the
Toronto Stock Exchange under the symbols FBS.B and FBS.pr.B respectively.

Contacts:
5Banc Split Inc.
Investor Relations
416-982-2865
www.tdsponsoredcompanies.com

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