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


Brompton Funds
(TSX:AOG.UN)(TSX:AOG.WT)(TSX:OGF.UN)(TSX:OGF.WT)(TSX:LBS)(TSX:LBS.PR.A)(TSX:LBS.WT.A)
Investors and investment advisors are reminded that Brompton Advantaged Oil &
Gas Income Fund, Brompton Oil & Gas Income Fund and Life & Banc Split Corp.
currently have warrants outstanding, which have significant implied values. The
warrants expire on Thursday, March 24, 2011. 




                                                                            
                             Warrant       Warrant      Net Asset           
                              Ticker  Subscription  Value(1) as at   Implied
Fund                          Symbol         Price  March 21, 2011  Value(2)
----------------------------------------------------------------------------
Brompton Advantaged Oil &                                                   
 Gas Income Fund              AOG.WT  $       5.72  $         6.25  $   0.53
----------------------------------------------------------------------------
Brompton Oil & Gas Income                                                   
 Fund                         OGF.WT  $       5.65  $         6.19  $   0.54
----------------------------------------------------------------------------
Life & Banc Split Corp.     LBS.WT.A  $      18.87  $        19.29  $   0.42
----------------------------------------------------------------------------
(1) Net asset value per unit assuming all outstanding warrants are          
 exercised.                                                                 
(2) Calculated as the net asset value per unit less the warrant subscription
 price.                                                                     



Warrants which are not exercised or sold will expire on March 24, 2011.
Investors should contact their investment advisor to exercise or sell their
warrants.


For further information, please contact your investment 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. 


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. 


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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