5Banc Split Inc. announced today that it has called 534,326 Preferred Shares for cash redemption on December 13, 2013

5Banc Split Inc. announced today that it has called 534,326 Preferred Shares for cash redemption on December 13, 2013 representing approximately 24.9% of the outstanding Preferred Shares as a result of holders of 534,326 Capital Shares exercising their special annual retraction rights. The Preferred Shares shall be redeemed on a pro rata basis, so that holders of record of Preferred Shares on the close of business on December 11, 2013 will have approximately 24.9% of their Preferred Shares redeemed. 

The redemption price of $10.00 per Preferred Share will be paid on December 13, 2013. Holders of Preferred Shares that have been called for redemption will only be entitled to receive dividends on those which have been declared but remain unpaid up to and including December 13, 2013.

As a result, a total of 534,326 Preferred and Capital Shares, or approximately 24.9% of both classes of shares currently outstanding will be redeemed.

Payments and delivery of cash and common shares owing as a result of shareholders having exercised their retraction privilege and the above notice of call, will be made by the Company on December 13, 2013.

5Banc Split Inc. was established to generate dividend income for holders of 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.