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Strategic Energy Fund (TSX: SEF.UN) adds Sandy McIntyre to the Fund’s portfolio management team
TORONTO/CALGARY: Strategic Energy Management Corp. announces that Sandy McIntyre will join Strategic Energy Fund’s (the “Fund”) portfolio management team and will serve as lead manager. The addition of Mr. McIntyre to the Fund’s management team is designed to complement the Fund’s existing managerial capabilities and supports the Fund’s current focus on the Canadian oil and gas royalty trust sector. Laura Lau will continue her role as Senior Portfolio Manager of the Fund.

“Sandy’s expertise in managing oil and gas royalty trusts will complement Laura’s expertise in finding and managing junior private oil and gas companies,” said John Driscoll, President of Strategic Energy Management Corp. “I believe Strategic Energy Fund can be the best performing Canadian energy fund in its category and we are fortunate to have one of Canada’s premier income trust managers to help us achieve that objective,” Mr. Driscoll added.

Sandy McIntyre currently manages several income trust portfolios for Sentry Select, including the company’s flagship Sentry Select Diversified Income Trust, which has been one of Canada’s best performing income trust funds during the past five years. He is also the manager of Sentry Select Focused Growth and Income Trust, a fund that invests principally in oil and gas trusts, oil sands businesses and real estate, and which produced an average annual compound return of  26.9% during the past three years and 28.9% during the past five years (as at September 30, 2007).Strategic Energy Fund:  Strategic Energy Fund is an investment trust that seeks to provide unitholders with superior rates of return and income through a diversification strategy focused on investment opportunities within the Canadian energy sector. The Fund invests in established companies, early-stage energy companies and, to a lesser extent, special energy issuers, each with prospects for high growth in the near to medium term and the potential for long-term capital appreciation.

The Fund’s investments in established companies, including energy royalty and income trusts, are made with a view to generate sufficient income to permit the Fund to make monthly cash distributions to unitholders.

Investments in early-stage energy companies are focused on both private and public issuers with strong, experienced management teams that have proven track records of enhancing shareholder value and successfully executing exit strategies. As well, the Fund may invest in undervalued issuers where Sentry Select Capital Corp., the investment advisor to the Fund, believes that capital appreciation can be realized.Trading information: Strategic Energy Fund units trade on the Toronto Stock Exchange (“TSX”) under the symbol SEF.UN.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.Forward- looking statements: This news release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, the future performance of the Fund, including the potential for future distributions. These statements reflect Sentry Select Capital Corp.’s current expectations, but are subject to a number of risks and uncertainties. Due to the many risks and uncertainties, Sentry Select Capital Corp. cannot assure that the forward-looking statements contained in this news release will be realized.More information: Investor Services (broker/investor inquiries) or Kinga Lam (media inquiries)Tel: 1-888-246-6656  Fax:  416 364-1197 

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