Unitholders approve mergers of funds with Sentry Energy Growth and Income Fund and Sentry Canadian Income Fund

TORONTO, ONTARIO, Jan 10 (MARKET WIRE) --
Sentry Select Capital Inc. ("Sentry" or the "Manager") is pleased to
announce that the unitholders of Sentry Select Commodities Income Trust,
Oil Sands and Energy Mega-Projects Trust and Premier Value Income Trust
(collectively, the "Terminating Funds") have voted, at special meetings
held successively today, to approve the mergers of the Terminating Funds
with Sentry Energy Growth and Income Fund and Sentry Canadian Income Fund
(collectively, the "Continuing Funds"), (collectively, the "Mergers") as
outlined in the table below.

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Terminating Fund Continuing Fund
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Sentry Select Commodities Income Sentry Energy Growth and Income Fund
Trust
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Oil Sands and Energy Mega-Projects Sentry Energy Growth and Income Fund
Trust
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Premier Value Income Trust Sentry Canadian Income Fund
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The Mergers are expected to take place on or about February 4, 2011.
Those Terminating Funds currently listed on the Toronto Stock Exchange
are expected to be de-listed from trading on or about January 28, 2011.

Costs of the Mergers

All costs and expenses associated with the Mergers will be borne by the
Manager.

Tax consequences of the Mergers

The Mergers will be effected on a taxable basis.

Investment objectives of the Continuing Funds

Sentry Energy Growth and Income Fund is an open-end mutual fund with
approximately $119 million in assets as at January 7, 2011. The fund's
investment objective is to provide regular income and long-term capital
appreciation by investing primarily in a diversified portfolio of equity
securities of Canadian companies involved in the energy sector.

Sentry Canadian Income Fund is an open-end mutual fund with approximately
$1.1 billion in assets as at January 7, 2011. The fund's investment
objective is to provide a 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 (REITs) and income trusts.

Sentry Investments

Sentry Investments is a Canadian asset management company that offers a
diverse range of investment products including mutual funds, hedge funds,
flow-through limited partnerships and other alternative investments,
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. The forward-looking
statements are not historical facts but reflect Sentry'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 proposed timing of the
Mergers. Although Sentry 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 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. Past
results are not a guarantee of future performance. For a complete
disclosure record for all of the Terminating Funds and of the Continuing
Funds, please visit their respective profiles at www.sedar.com.

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 Investments
Client Services
(broker/investor inquiries and media inquiries)
1-888-730-4623
416-364-1197 (FAX)
info@sentry.ca
www.sentry.ca

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