TORONTO, ONTARIO–(EMWNews – July 25, 2008) – Sentry Select Capital Corp. (“Sentry Select”) announces that it has paid out an additional $0.47 per unit to the unitholders who redeemed their units of Sentry Select Commodities Income Trust (the “Trust”) (TSX:SSJ.UN) on August 31, 2006. The amount includes $0.43 of additional redemption proceeds and $0.04 of accrued interest. The payment follows the June 5, 2008 dismissal of Sentry Select’s appeal from the June 15, 2007 ruling that the Trust, based on the Trust’s indenture, should have paid out an additional $0.43 per unit to two unitholders who redeemed their units of the Trust on August 31, 2006. The payment was approved by Sentry Select’s Independent Review Committee.

Sentry Select has transferred the additional redemption proceeds, together with payment allocation details, to the CDS Clearing and Depository Services Inc. (“CDS”), who will direct the funds to the respective brokerage firms. The brokerage firms, based on their records, will be responsible for the payments to affected clients. Unitholders who have changed brokerage firms since the time they redeemed their units of the Trust are advised to contact their financial advisor regarding payment details.

Sentry Select has been advised by its legal counsel that the $0.43 payment should be treated by the unitholders as additional proceeds on disposition and the $0.04 should be treated as interest income. Unitholders should consult their tax advisors regarding the income tax consequences of these payments.

In June 2007, the Trust recorded a liability to reflect the impact to the net asset value if the Trust were to pay out an additional $0.43 per unit to all unitholders who participated in the redemption and has accrued for the interest on that amount. Thus, the net asset value of the Trust was not affected by the additional amount paid out.

Sentry Select Capital Corp.

Sentry Select Capital Corp. is a Canadian wealth management company that manages over $6 billion in gross assets as of June 30, 2008. The company offers a diverse range of investment products including closed-end trusts, mutual funds, principal-protected notes and flow-through limited partnerships, covering a variety of domestic and global mandates.

Sentry Select Capital Corp.
The Exchange Tower
130 King Street West
Suite 2850, P.O. Box 104
Toronto, Ontario M5X 1A4
Telephone: (416) 861-8729
Fax: (416) 364-5615