Big 8 Split Inc. Announces Completion of Class C Preferred Share and Class A
Capital Share Over-Allotment Option

TORONTO , Jan. 8 /CNW/ - Big 8 Split Inc. announced today that, pursuant to an over-allotment option, it has completed an additional issuance of 23,500 Class C Preferred Shares, Series 1 (the "Class C Preferred Shares") and 23,500 Class A Capital Shares (the "Capital Shares") raising $752,000 . As a result, the company has raised gross proceeds totalling approximately $25.2 million under its recent offering. The Class C Preferred Shares and Capital Shares were offered to the public by a syndicate of agents led by TD Securities Inc and Scotia Capital Inc., and including BMO Capital Markets, National Bank Financial Inc., Canaccord Capital Corporation, GMP Securities L.P., HSBC Securities ( Canada ) Inc., Raymond James Ltd., Blackmont Capital Inc., Desjardins Securities Inc., Dundee Securities Corporation, Manulife Securities Incorporated and Wellington West Capital Markets Inc.

Big 8 Split Inc. was established to generate dividend income for the preferred shares while providing holders of the Capital Shares with a leveraged opportunity to participate in capital appreciation from a portfolio of common shares of Bank of Montreal , The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada , The Toronto-Dominion Bank, Great-West Lifeco Inc., Manulife Financial Corporation, and Sun Life Financial Inc. Information concerning Big 8 Split Inc. is available on our website at www.tdsponsoredcompanies.com.

The Class A Capital Shares, Class B Preferred Shares and Class C Preferred Shares of Big 8 Split Inc. are listed on the Toronto Stock Exchange under the symbols BIG.A, BIG.PR.B and BIG.PR.C, respectively.

For further information: Investor Relations, Big 8 Split Inc., [phone]