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Sentry Select Commodities Income Trust (TSX: SSJ.UN) announces Ontario Court of Appeal decision regarding annual redemption

TORONTO: Sentry Select Capital Corp. (“Sentry Select”) announces that the Court of Appeal for Ontario has dismissed Sentry Select’s appeal from the judgment of Justice James M. Spence of the Superior Court of Justice dated June 15, 2007, which ruled that Sentry Select Commodities Income Trust (the “Trust”) should have paid out an additional $0.435 per unit to two unitholders who redeemed their units in the Trust on August 31, 2006. In June 2007, the Trust recorded an amount equal to approximately $0.17 per Unit as a liability, therefore the net asset value of the Trust will not be affected by the ruling.

Sentry Select will issue a press release next week providing further information relating to this matter.

Sentry Select Capital Corp.: Sentry Select Capital Corp. is a Canadian wealth management company that manages over $6.5 billion in gross assets as of March 31, 2008. 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.

More information: Investor Services (broker/investor inquiries) orKevin Cohen (Vice-President, Operations & General Counsel)         Tel:  1-888-246-6656   Fax: 416-364-1197

Documents (including press releases) regarding the various investment funds that are managed or advised by Sentry are provided for information purposes only and cannot be relied on to be complete, exhaustive or error-free unless the complete set of documents for any given investment fund with respect to which information is being sought is reviewed and then only on SEDAR (