IA Clarington Aston Hill Tactical Yield Fund Announces Exchange Ratios

TORONTO, April 6, 2010 - IA Clarington Investments Inc. (the "Manager"), the trustee, manager and promoter of the IA Clarington Aston Hill Tactical Yield Fund (the "Fund"), is pleased to announce the exchange ratios for the securities that were deposited, under the exchange option described in the Fund's final prospectus dated March 29, 2010, providing for the Fund's initial public offering which is scheduled to close on April 19, 2010.

The table below sets out the name of each issuer whose securities have been deposited and may be accepted by the Fund, its CUSIP and ISIN number, its ticker symbol, the volume weighted average trading price during the period from March 29, 2010 to April 5, 2010 (as adjusted to reflect any distributions declared but not received by the Fund) and the applicable exchange ratio.

Exchange Eligible Securities

CUSIP

ISIN

Ticker Symbol

VWAP ($)

Exchange Ratio

Agrium Inc

8916108

CA0089161081

AGU CN

71.6537

7.1654

Altagas Income Trust

21360102

CA0213601028

ALA-U CN

18.4243

1.8424

ARC Energy Trust

1986108

CA0019861081

AET-U CN

20.7825

2.0783

Bank of Montreal

63671101

CA0636711016

BMO CN

61.7629

6.1763

Bank of Nova Scotia (The)

64149107

CA0641491075

BNS CN

50.8710

5.0871

Baytex Energy Trust

73176109

CA0731761098

BTE-U CN

34.8351

3.4835

BCE Inc.

05534B760

CA05534B7604

BCE CN

30.0891

3.0089

Bell Alliant Regional Communications Income Fund

07786J103

CA07786J1030

BA-U CN

25.5844

2.5584

Boardwalk Real Estate Investment Trust

96631106

CA0966311064

BEI-U CN

40.6347

4.0635

Calloway Real Estate Investment Trust

131253205

CA1312532056

CWT-U CN

21.3701

2.1370

Cameco Corporation

13321L108

CA13321L1085

CCO CN

27.4597

2.7460

Canadian Imperial Bank of Commerce

136069101

CA1360691010

CM CN

74.3753

7.4375

Canadian National Railway Company

136375102

CA1363751027

CNR CN

61.7948

6.1795

Canadian Natural Resources

136385101

CA1363851017

CNQ CN

76.2079

7.6208

Chartwell Seniors Housing Real Estate Investment Trust

16140U100

CA16140U1003

CSH-U CN

7.3298

0.7330

Cogeco Cable Inc

19238V105

CA19238V1058

CCA CN

40.8380

4.0838

Daylight Resources Trust

239600109

CA2396001091

DAY-U CN

10.6314

1.0631

Enerplus Resources Fund

29274D604

CA29274D6046

ERF-U CN

24.0234

2.3843

Ensign Energy Services Inc

293570107

CA2935701078

ESI CN

14.6875

1.4688

First Quantum Minerals Ltd.

335934105

CA3359341052

FM CN

86.6790

8.6167

Freehold Royalty Trust

355904103

CA3559041031

FRU-U CN

17.0007

1.7001

Great-West Lifeco Inc.

39138C106

CA39138C1068

GWO CN

28.9266

2.8927

H&R Real Estate Investment Trust

404428203

CA4044282032

HR-U CN

16.8066

1.6747

Inter Pipeline Fund

45833P102

CA45833P1027

IPL-U CN

11.8811

1.1881

Just Energy Income Fund

48213T108

CA48213T1084

JE-U CN

14.2772

1.4174

Manulife Financial Corporation

56501R106

CA56501R1064

MFC CN

20.1267

2.0127

Maple Leaf Foods Inc.

564905107

CA5649051078

MFI CN

10.4072

1.0407

Penn West Energy Trust

707885109

CA7078851093

PWT-U CN

21.6106

2.1611

Peyto Energy Trust

717045108

CA7170451081

PEY-U CN

13.5870

1.3587

RioCan Real Estate Investment Trust

766910103

CA7669101031

REI-U CN

18.6382

1.8638

Rogers Communications Inc

775109200

CA7751092007

RCI/B CN

34.5045

3.4505

Royal Bank of Canada

780087102

CA7800871021

RY CN

59.4321

5.9432

Shoppers Drug Mart Corporation

82509W103

CA82509W1032

SC CN

43.5887

4.3589

SNC-Lavalin Group Inc.

78460T105

CA78460T1057

SNC CN

50.2998

5.0300

TELUS Corporation

87971M103

CA87971M1032

T CN

37.8460

3.7846

Thomson Reuters Corporation

884903105

CA8849031056

TRI CN

36.9232

3.6923

Tim Hortons Inc.

88706M103

CA88706M1032

THI CN

33.2755

3.3276

Toronto-Dominion Bank (The)

891160509

CA8911605092

TD CN

75.2214

7.5221

TransAlta Corporation

89346D107

CA89346D1078

TA CN

22.6297

2.2630

TransCanada Corporation

89353D107

CA89353D1078

TRP CN

37.3558

3.7356

Yellow Pages Income Fund

985569102

CA9855691023

YLO-U CN

6.2031

0.6203

The syndicate of agents for the Fund is co-led by CIBC World Markets Inc. and RBC Capital Markets and includes BMO Capital Markets, National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Canaccord Financial Ltd., Desjardins Securities Inc., HSBC Securities (Canada) Inc., Raymond James Ltd., Wellington West Capital Markets Inc., Dundee Securities Corporation, Macquarie Capital Markets Canada Ltd., Industrial Alliance Securities Inc. and Rothenberg Capital Management Inc.

About IA Clarington Investments Inc.

IA Clarington Investments Inc., a subsidiary of Industrial Alliance Insurance and Financial Services Inc., markets a wide range of investment products, including mutual funds and segregated funds managed by leading portfolio advisors. IA Clarington managed more than $8.2 billion in assets as at March 31, 2010.

Catapult Financial Management Inc.

Catapult is a wholly-owned subsidiary of Aston Hill Financial Inc. ("Aston Hill"), which is listed on the TSX Venture Exchange under "AHF". As at March 31, 2010, Aston Hill had approximately $1.8 billion in assets under management.

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For more information contact:

David Scandiffio
President
IA Clarington Investments Inc.
416-860-9880
Toll-Free 1-888-860-9888
Email: david.scandiffio@iaclarington.com
www.iaclarington.com