Deans Knight Income Closes IPO

On March 18, 2009, Deans Knight Income Corporation completed an initial public offering of 10,036,890 voting common shares for gross proceeds of approximately $100,400,000. Deans Knight is a publicly traded investment company focused on investing in corporate bonds and whose portfolio is actively managed by Deans Knight Capital Management Ltd., a British Columbia-based investment firm.

The syndicate of agents was co-led by GMP Securities L.P. and RBC Capital Markets and included Canaccord Capital Corporation, TD Securities Inc., Blackmont Capital Inc., Haywood Securities Inc. and FirstEnergy Capital Corp.

Deans Knight was represented by Burnet, Duckworth & Palmer LLP with a team that included Grant Zawalsky, Alyson Goldman and Jacob Hoeppner (securities) and John Brussa, Jeff Fortin and Kirk Lamb (tax).

The syndicate of agents was represented by Osler, Hoskin & Harcourt LLP with a team that included Andrew Aziz, Andrew Powers and Melissa Krishna (securities) and Stan Ebel (tax).

Lawyer(s)

Kirk Lamb Grant A. Zawalsky Jacob Hoeppner Jeff Fortin John A. Brussa Andrew W. Aziz Andrew Powers Alyson F. Goldman Melissa Krishna Stanley R. Ebel

Firm(s)

Burnet, Duckworth & Palmer LLP Osler, Hoskin & Harcourt LLP