Brompton Corp., the parent company of Brompton Funds Management Limited
(TSX:VIP.UN)(TSX:AV.UN)(TSX:OGF.UN)(TSX:AOG.UN)(TSX:MBB.UN)(TSX:GUR)(TSX:GPC)
(collectively, "Brompton" or the "Company") announced today that it has entered
into an agreement (the "Sale Transaction") to sell to Aston Hill Financial Inc.
("Aston Hill") contracts to manage the following seven TSX-listed closed-end
funds: Brompton VIP Income Fund, Brompton Advantaged VIP Income Fund, Brompton
Oil & Gas Income Fund, Brompton Advantaged Oil & Gas Income Fund, Manulife
Brompton Advantaged Bond Fund, Global Uranium Fund Inc. and Senior Gold
Producers Income Corp. (collectively, the "Funds"). Aston Hill currently manages
over $3 billion in assets including two closed-end funds and is a listed company
which trades under the symbol AHF.V. Aston Hill and Brompton intend to explore
options to work together on new fund products.


The transfer of the Funds to Aston Hill will not result in a change to any of
the Funds' investment objectives, investment restrictions, fees payable,
redemption provisions, TSX listings or other terms of the constating documents.
Furthermore, Aston Hill does not currently intend to change the Fund's auditors,
custodian, valuation services agent, or registrar and transfer agent. The Sale
Transaction is expected to close on or about July 27, 2011, and is subject to
necessary regulatory approvals and customary terms and conditions.


Brompton is a leading provider of closed-end investment funds. The Company's
senior management, employees and the Independent Review Committee will not
change as a result of the Sale Transaction and will continue to provide all fund
management services for its remaining closed-end funds which represent assets
under management of approximately $1.3 billion. Brompton will continue its
commitment to providing innovative, well conceived investment products with fair
terms at a low cost supported by high levels of corporate governance.


Newport Partners Holdings LP ("Newport") is a significant shareholder with total
holdings representing a 41% economic interest in Brompton. As part of its
publicly announced financial restructuring, Newport has retained Canaccord
Genuity Corp., as financial advisor, to explore options for the sale of a number
of its investments including its Brompton position. The Company is pleased to
announce today that it has entered into an agreement with Newport and Brompton
Group Limited ("BGL"), another significant shareholder of Brompton, whereby
subject to the completion of the Sale Transaction, BGL has granted to Newport an
option to require BGL to purchase Newport's 640,000 Class A Shares in Brompton.


Canaccord Genuity Corp. provided assistance to Brompton in connection with the
Sale Transaction.


For further information concerning this press release, please call Brompton's
investor relations line at 416-642-9051 (toll free 1-866-642-6001).


Forward-Looking Statements

Some of the statements contained herein including, without limitation, financial
and business prospects and financial outlook may be forward-looking statements
which reflect management's expectations regarding future plans and intentions,
growth, results of operations, performance and business prospects and
opportunities. Words such as "may," "will," "should," "could," "anticipate,"
"believe," "expect," "intend," "plan," "potential," "continue" and similar
expressions have been used to identify these forward-looking statements. These
statements reflect management's current beliefs and are based on information
currently available to management. Forward-looking statements involve
significant risks and uncertainties. A number of factors could cause actual
results to differ materially from the results discussed in the forward-looking
statements including, but not limited to, changes in general economic and market
conditions and other risk factors. Although the forward-looking statements
contained herein are based on what management believes to be reasonable
assumptions, we cannot assure that actual results will be consistent with these
forward-looking statements. Investors should not place undue reliance on
forward-looking statements. These forward-looking statements are made as of the
date hereof and we assume no obligation to update or revise them to reflect new
events or circumstances.


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