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Sentry Select Primary Metals Corp. (TSX: PME) announces dividend increase

TORONTO: Sentry Select Primary Metals Corp. (the “Corporation”) is pleased to announce that the Board of Directors of the Corporation (the “Board”) has approved an increase in the monthly cash dividend per Class A share from $0.07 to $0.085. However, if the make-up of the Corporation’s portfolio changes, dividends may differ.

The dividend increase will be effective October 15, 2010, to security holders of record on September 30, 2010, and will remain as such until further guidance is provided by the Corporation. Based on the market value per Class A share of $9.44 on August 31, 2010, the dividend represents a cash-on-cash yield of approximately 10.8%.

Sentry Select Primary Metals Corp.: Sentry Select Primary Metals Corp.’s investment objective is to provide shareholders with long-term capital appreciation. The Corporation is invested in an actively managed portfolio consisting primarily of securities of mining and exploration issuers, with a current focus on gold.

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 (