Important Notice Please Read

Effective January 20, 2010, Livingston International Income Fund was acquired by the CPP Investment Board and Sterling Partners at a price of $9.50 per unit. If Livingstone units were tendered to this offer of $9.50, the settlement amount of the sale should be entered as $8.33221 per unit. The remaining $1.16779 has been recorded on the T3 slips that were sent out to the unit holders. Note that if a sale price of $9.50 is entered, and the resulting capital gain figure is used for tax purposes, this may result in tax being paid on the $1.16779 twice. If Livingstone units were sold in the open market before the takeover took place, the selling price should be the proceeds received from the open market sale.