Dividend Growth Split Corp. Announces Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES.


(TSX:BE)(TSX:BE.PR.A)(TSX:DGS)(TSX:DGS.PR.A) Dividend Growth Split Corp.
announces that the board of directors has approved a private placement of
468,480 preferred shares at $10.30. The private placement is being made in order
to maintain an equal number of outstanding preferred shares and class A shares
of Dividend Growth Split Corp. following its merger with Brompton Equity Split
Corp. 


The closing of the private placement, as well as the merger, is expected to take
place on May 18, 2011, subject to regulatory approvals. As a result of the
private placement, there will be no requirement for Brompton Equity Split Corp.
to redeem any of its class A shares, as more fully described in the joint
management information circular of Brompton Equity Split Corp. and Dividend
Growth Split Corp. dated March 11, 2011.


Based on the April 28, 2011 net asset values, the class A share exchange ratio
for the merger is 1.493584 Dividend Growth Split Corp. class A shares for each
Brompton Equity Split Corp. class A share. After giving effect to the private
placement and the merger, Dividend Growth Split Corp. will have 6,374,149 class
A shares and preferred shares outstanding.


For additional information including the joint management information circular,
please visit our website at www.bromptonfunds.com.


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 Funds, to the future
outlook of the Funds and anticipated events or results and may include
statements regarding the future financial performance of the Funds. 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.


The securities offered have not been registered under the U.S. Securities Act of
1933, as amended, and may not be offered or sold in the United States absent
registration or any applicable exemption from the registration requirements.
This press release does not constitute an offer to sell or the solicitation of
an offer to buy securities nor will there be any sale of such securities in any
state in which such offer, solicitation or sale would be unlawful.

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