Global Diversified Investment Grade Income Trust - 2011 Annual Redemption Price

Branch (the "Bank") to terminate the applicable portion of the credit default swap agreements between the Bank and the Trust (the "Financial Contract") has been made under the existing annual redemption procedures and not the special procedures adopted for the 2011 Annual Redemption Option, as more fully disclosed in Global DIGIT's press release of .

Redemption/Withdrawal procedure

A Unitholder who wishes to tender Units for redemption must cause a broker, dealer, bank or other financial institution participating (a "CDS Participant") in the book-entry system maintained by CDS Clearing and Depository Services Inc. ("CDS") to deliver to CDS (at its office in the City of , Ontario) on behalf of the Unitholder a written redemption notice no later than the Tendering/Withdrawal Deadline. A Unitholder who desires to have Units redeemed should ensure that the CDS Participant is provided with instructions sufficiently in advance of the Tendering/Withdrawal Deadline to permit the CDS Participant to deliver a notice to CDS by the Tendering/Withdrawal Deadline. Similarly, a Unitholder who has tendered Units for redemption but wishes to withdraw such tendered Units should ensure that a CDS Participant is notified of the Unitholder's intention sufficiently before the Tendering/Withdrawal Deadline in order for that CDS Participant to notify CDS before the Tendering/Withdrawal Deadline.

Procedures For Tendering - News


Global Diversified Investment Grade Income Trust - 2011 Annual Redemption Price

To initiate the tender or withdrawal procedure, Unitholders should contact their investment advisor. The boards of directors of the Trustees make no recommendation regarding whether any Unitholder should continue to hold their Units, sell their Units



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