PIC.A Premium Income Corporation

Mulvihill Capital Management Inc. proudly announces our new name, Strathbridge
Asset Management Inc
(TSX:CDD.UN)(TSX:GPF.UN)(TSX:GSB.UN)(TSX:PCU.UN)(TSX:PIC.A)(TSX:PIC.PR.A)(TSX:SBN)(TSX:SBN.PR.A)(TSX:TCT.UN)(TSX:TXT.PR.A)(TSX:TXT.UN)(TSX:UTE.UN)(TSX:WFS)(TSX:WFS.PR.A),
reflecting our revitalized focus and commitment to our closed-end fund business.
Strathbridge Asset Management ("Strathbridge") builds on Mulvihill's 15 years of
experience managing closed-end investment funds. Strathbridge utilizes a
dedicated team of investment professionals powered by a revised proprietary
investment process. 


The change in our name is the culmination of a process that began in 2008 with
the spin-off of two divisions. Since that time, the firm has undergone an
extensive review and improvement of all facets of the organization, ultimately
leading to our rebranding as Strathbridge Asset Management.


Building on our experience, we have developed a revised proprietary investment
process using quantitative algorithms that facilitate a more selective option
writing strategy, which together with the appropriate use of protective puts, is
expected to lead to better risk-adjusted returns for investors. The Strathbridge
team will utilize their vast experience to identify unique investment
opportunities for investors that provide income and exposure to selected asset
classes or features that investors could not replicate cost effectively. We are
dedicated to providing timely investor information and services to assist your
investment decisions. Our new website at www.strathbridge.com provides detailed
information regarding each Strathbridge investment fund, regular commentary and
analysis from our portfolio managers and other educational material helpful to
investors.


The Strathbridge team is committed to providing unique investment funds for
investors to meet their individual income needs and risk tolerance. 


David Roode, President, Fund Services

416.681.3940

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