Global Banks Premium Income Trust-Distribution, December 2011

BURLINGTON, ONTARIO — (Marketwire) — 12/19/11 — Global Banks Premium Income Trust (TSX: GBP.UN) today announced that a quarterly cash distribution in the amount of $0.04 per unit of the Trust will be paid on January 13, 2012 to unitholders of record as of December 30, 2011.

A unitholder that has continually held units since inception will have received a total of $2.97 per unit as of payment date.

Contacts:
Portland Investment Counsel Inc.
Christopher Wain-Lowe
905-331-4250

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