AGF Master Limited Partnership

TORONTO, Oct. 23, 2012 /CNW/ - AGF Master Limited Partnership (Symbol AFP.UN) estimates the distribution of partnership income for the ten month period ended October 31, 2012 will be approximately $0.0007 per unit. The distribution will be payable on November 5, 2012 to limited partners of record on October 31, 2012.

THIS IS ONLY AN ESTIMATE BASED ON CURRENT MARKET CONDITIONS AND IS SUBJECT TO CHANGES BASED ON THE ACTUAL FINANCIAL RESULTS FOR THE LIMITED PARTNERSHIP.

SOURCE: AGF Master Limited Partnership

Robert J. Bogart
Director & Chief Financial Officer
AGF Partners No. Five Limited
(General Partner of the Partnership)
[phone]