Sentry Select Capital Inc. Announces Completion of Liquidation of Sentry Select Canadian Income Exchange Fund Portfolio

TORONTO, ONTARIO, Jun 30 (MARKET WIRE) --
Sentry Select Capital Inc. ("Sentry Select") is pleased to announce
Sentry Select Canadian Income Exchange Fund (the "Fund") has completed
the liquidation of the portfolio and will terminate on July 10, 2009 (the
"Final Distribution Date"). On the Final Distribution Date, unitholders
of the Fund will receive Series A units of Sentry Select Canadian Income
Fund on a net asset value basis as of the close of business on July 10,
2009.

A distribution of $0.071 per fund unit will be paid in cash on or before
July 15, 2009 to unitholders of record on June 30, 2009.

Sentry Select Canadian Income Fund

The investment objective of Sentry Select Canadian Income Fund is to
provide consistent monthly income and capital appreciation by investing
primarily in a diversified portfolio of Canadian securities including
equities, fixed-income instruments, real estate investment trusts and
income trusts.

Sentry Select Capital Inc.

Sentry Select Capital Inc. is a Canadian wealth management company that
offers a diverse range of investment products including closed-end
investment trusts, mutual funds, principal-protected notes and
flow-through limited partnerships, covering a variety of domestic and
global mandates.

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, but not limited to, the
timing of the Final Distribution Date and timing of payment of the Fund's
June distribution. 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.

Sentry Select Capital Inc.
The Exchange Tower
130 King Street West
Suite 2850, P.O. Box 104
Toronto, Ontario M5X 1A4
Telephone: (416) 861-8729
Fax: (416) 364-5615

Contacts:
Sentry Select Capital Inc.
Investor Services
(broker/investor inquiries)
1-888-730-4623
416-364-1197 (FAX)
info@sentryselect.com
www.sentryselect.com

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