Financial 15 Split Corp. II: Portfolio Update

Financial 15 Split Corp. II ("Financial 15 II") announces today it has formally
added the Goldman Sachs Group, Inc. (previously held in the "other" financial
services component of the Financial 15 Split portfolio) as one of the 15 core
holdings in the portfolio. This addition replaces Merrill Lynch which was
acquired by Bank of America at the beginning of 2008.


The Goldman Sachs Group, Inc. is a leading global financial services firm
providing investment banking, securities and investment management services to a
substantial and diversified client base that includes corporations, financial
institutions, governments and high-net-worth individuals. Founded in 1869, the
firm is headquartered in New York and maintains offices in London, Frankfurt,
Tokyo, Hong Kong and other major financial centers around the world.


Financial 15 II invests in a high quality portfolio consisting of 15 financial
services companies made up of Canadian and U.S. issuers as follows: Bank of
Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal
Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife
Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial
Income Fund, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan
Chase & Co. and Wells Fargo & Co. Shares held within the portfolio are expected
to range between 4-8% in weight but may vary at any time.

North American Financial... (TSX:FFN.PR.A)
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