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Options Advisor for Brompton Funds

TORONTO, ONTARIO--(Marketwire - Aug. 7, 2012) - (LCS.TO)(LCS-PA.TO)(LBS.TO)(LBS-PA.TO)(SBC.TO)(SBC-PA.TO)(DGS.TO)(DGS-PA.TO)(TLF-UN.TO): Brompton Funds Limited (the "Manager") announces that it will become the options advisor and portfolio manager to Brompton Lifeco Split Corp., Life & Banc Split Corp., Brompton Split Banc Corp., Dividend Growth Split Corp. and Tech Leaders Income Fund (collectively, the "Funds") effective on or about November 6, 2012. Laura Lau, a TopGun award winning portfolio manager with over 18 years of experience in financial services, will be the portfolio manager responsible for executing the options strategies for the Funds. This 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.

About Brompton Funds

Brompton Funds, a division of Brompton Group, is a leading and experienced closed-end fund manager. Brompton is focused on meeting the needs of investors by offering low cost, innovative products with client friendly terms and supported by strong corporate governance. 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) email info@bromptongroup.com or visit our website at www.bromptongroup.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 news release and to other matters identified in public filings relating to the Funds, to the future outlook of the Funds and anticipated events or results and may include statements regarding the future financial performance of the Funds. 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 for a variety of reasons.