An anonymous director reports

CAPITAL GAINS INCOME STREAMS ANNOUNCES SPECIAL MEETING DATE

Capital Gains Income STREAMS Corp. will hold a special meeting of shareholders at 10 a.m. on July 10, 2013, to consider the previously announced proposal, subject to certain preconditions and all required regulatory approvals, which would take effect upon the termination date of CG STREAMS on Dec. 1, 2013.

Under the proposal, shareholders will be provided with a choice to have their capital yield or equity dividend shares exchanged (on a tax-free rollover basis) for an equal dollar amount of units of Dividend 15 Split Corp., another fund managed by Quadravest Capital Management Inc. on or about Dec. 1, 2013. This exchange would be accomplished by the merger of CG STREAMS into Dividend 15. Alternatively, capital yield and equity dividend shareholders would still be able to exercise their existing retraction rights upon termination of CG STREAMS on Dec. 1, 2013, as originally contemplated.

One unit of Dividend 15 consists of one Class A share and one preferred share. Since inception, Dividend 15 has exceeded its distribution objectives. Class A and preferred shareholders have each received 109 consecutive monthly distributions since inception. Class A shareholders have received a total of $14.40 per share (including five special distributions of 25 cents per share, one special distribution of 50 cents per share and one special stock dividend of $1.75 per share), and preferred shareholders have received a total of $4.79 per share for a combined total of $19.19 per unit. All distributions have been made in tax-advantaged eligible Canadian dividends or capital gains dividends. As at May 9, 2013, the current yield of the Class A shares is 11.25 per cent and for the preferred shares it is 5.05 per cent. The combined market prices of each share have consistently traded at a premium to its net asset value per unit over the last several years.

Further information will be presented in the management information circular that is expected to be sent out in mid-June to shareholders of record on June 5, 2013. The proposed merger of CG STREAMS into Dividend 15 on or about Dec. 1, 2013, is subject to the prior approval of the shareholders of Dividend 15 which will vote on such proposal at its own shareholder meeting on June 3, 2013. CG STREAMS will require this approval in order to proceed with this proposal. All costs associated with this proposal will be paid for by the manager and not CG STREAMS.