Article: Sentry Select Diversified Income Trust 'TSX:SDT.UN' Announces Exchange Offer

TORONTO, ONTARIO--(CCNMatthews - Aug. 14, 2006) - Sentry Select Capital Corp. is pleased to announce that Sentry Select Diversified Income Trust (the "Trust") has filed a preliminary short-form prospectus across Canada, qualifying units of the Trust (the "Trust Units") to be issued in connection with its exchange offer (the "Exchange Offer") for securities of issuers (the "Issuers") listed below.

Deposit date and closing

The Exchange Offer will be open for acceptance by holders of securities of the Issuers until 4:00 pm (Toronto time) on September 12, 2006 (the "Deposit Date"). The closing is expected to occur on or about September 21, 2006.

Exchange ratio

Trust Units may be purchased by the ...

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