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Sentry Select Diversified Income Trust (TSX: SDT.UN) Amends Mandatory Market Purchase Program
2007-10-19

TORONTO: Sentry Select Capital Corp. (“Sentry Select”), the manager of Sentry Select Diversified Income Trust (the “Trust”), announces that its Board of Directors has approved an amendment to the Trust’s Declaration of Trust with regard to the mandatory market purchase program. The amendment increases the maximum amount of units that may be purchased in the market for the calendar quarter ending December 31, 2007 from 1.25% to 5% of the number of units outstanding at the beginning of the calendar quarter (October 1, 2007).

Sentry Select Diversified Income Trust: Sentry Select Diversified Income Trust is a closed-end investment trust that aims to maximize distributions to unitholders by investing primarily in high-income securities issued by a broad range of royalty and income trusts, real estate investment trusts, and limited partnerships and, to a lesser extent, fixed-income securities and high-yielding common stocks.

Sentry Select Capital Corp.: Sentry Select is a Canadian wealth management company that manages approximately $8 billion in gross assets as of September 30, 2007. The company offers a diverse range of investment products including closed-end trusts, mutual funds, principal-protected notes and flow-through limited partnerships, covering a variety of domestic and global mandates. With 29 reporting issuers, Sentry Select is the manager and/or advisor to more Toronto Stock Exchange-listed entities than any other investment manager. In addition, Sentry Select manages and/or provides advisory services to four reporting issuers listed on the TSX Venture Exchange.

More information: Investor Services (broker/investor inquiries) or Kinga Lam (media inquiries)
Tel: 1-888-246-6656 Fax: 416-364-1197 info@sentryselect.com


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