Brompton Equity Split Corp. and Dividend Growth Split Corp. Shareholders Approve Merger

At special meetings of Preferred and Class A shareholders of Brompton Equity
Split Corp. (TSX:BE)(TSX:BE.PR.A) ("BE") and Dividend Growth Split Corp.
(TSX:DGS)(TSX:DGS.PR.A) ("DGS") held today, shareholders approved special
resolutions to amalgamate BE and DGS to form a new fund to be named Dividend
Growth Split Corp. ("New DGS"). The effective date of the merger is expected to
be May 18, 2011, subject to applicable regulatory approvals. The merger is
expected to be implemented on a tax deferred basis to shareholders of BE and
DGS, subject to the assumptions and qualifications outlined in the joint
management information circular for the meetings. 


At the meeting, the extension of the term for New DGS for up to 5 years beyond
the scheduled termination date for DGS of November 30, 2014 and thereafter for
successive terms of up to 5 years as determined by the New DGS Board of
Directors was approved. Shareholders will be able to redeem either their
Preferred Shares or Class A Shares of New DGS at Net Asset Value per Share prior
to any such extension and New DGS will provide at least 60 days' notice to
Shareholders of the extended retraction date by way of press release.


In addition, as a result of the approval of the special resolutions,
shareholders of BE will have the opportunity to redeem their shares of BE prior
to the merger if they do not wish to participate in the merger. Shareholders
wishing to redeem their BE shares may surrender such BE shares to Computershare
Investor Services Inc. up until 5:00 p.m. (Toronto time) on April 15, 2011.
Shares are held on behalf of beneficial holders through CDS Participants who may
have earlier cut off times.


New DGS will have the same investment objectives, strategies and restrictions as
DGS as well as substantially the same preferred share and class A share
attributes. DGS invests on an equally weighted basis in a portfolio of 20 large
capitalization Canadian equities that have among the highest dividend growth
rates on the TSX. 


Under the merger proposal, each issued and outstanding preferred share of BE
will become one preferred share of DGS. Each issued and outstanding class A
share of BE will become the number of class A shares of DGS determined by
dividing the net asset value per class A share of BE by the net asset value per
class A share of DGS, each calculated on April 28, 2011. In order to maintain
the same number of DGS class A and preferred shares outstanding following the
merger, class A shares or preferred shares of BE may be redeemed by BE on a
pro-rata basis prior to the merger as outlined in the joint management
information circular. 


For further information, please contact your financial advisor, call Brompton's
investor relations line at 416-642-9051 (toll-free at 1-866-642-6001), or visit
our website at www.bromptonfunds.com.


Commissions, trailing commissions, management fees and expenses all may be
associated with investment funds. Please read the fund's publicly filed
documents which are available from SEDAR at www.sedar.com. Investment funds are
not guaranteed, their values change frequently and past performance may not be
repeated. 


Forward-Looking Statements 

Certain statements contained in this news release constitute forward-looking
information within the meaning of Canadian securities laws. Forward-looking
information may relate to matters disclosed in this press release and to other
matters identified in public filings relating to the Fund, to the future outlook
of the Fund and anticipated events or results and may include statements
regarding the future financial performance of the Fund. In some cases,
forward-looking information can be identified by terms such as "may", "will",
"should", "expect", "plan", "anticipate", "believe", "intend", "estimate",
"predict", "potential", "continue" or other similar expressions concerning
matters that are not historical facts. Actual results may vary from such
forward-looking information.

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