CIX Split Corp. Announces Distribution for Month Ending June 30, 2008

TSX Symbol: CXC, CXC.PR.A

TORONTO, June 2 /CNW/ - CIX Split Corp. (the "Corporation") announced today a distribution for the month ending June 30, 2008 of $0.04167 per Priority Equity Share and $0.07 per Class A Share payable on June 30, 2008 to unitholders of record as at June 15, 2008.

The Corporation's investment objectives for the Priority Equity Shares are to provide shareholders with tax-efficient fixed cumulative preferential monthly cash distributions in the amount of $0.04167 per Priority Equity Share to yield approximately 5.0% per annum on the original issue price and on or about January 31, 2011 to pay to the holders of Priority Equity Shares the original issue price of the Priority Equity shares.

The Corporation's investment objectives for the Class A Shares are to provide holders of Class A Shares with regular tax-efficient monthly cash distributions targeted to be $0.07 per Class A Share to yield 5.6% per annum on the original issue price and on or about January 31, 2011, to pay to the holders of Class A Shares at least the original issue price of the Class A Shares.

The Corporation's Priority Equity Shares and Class A Shares are listed on the Toronto Stock Exchange under the symbol CXC.PR.A and CXC respectively.