Claymore Encourages Securityholders To Vote

TORONTO, Feb. 22, 2012 /CNW/ - Claymore Investments, Inc. ("Claymore"), the manager of various exchange-traded funds and closed-end funds (collectively, the "Claymore Funds"), wishes to remind securityholders of the Funds that the meetings to seek securityholder approval of the proposed acquisition of Claymore by BlackRock, Inc. (the "Acquisition") are scheduled for 8:30 a.m. (Toronto time) on February 24, 2012. The management information circular of the Claymore Funds, which provides a detailed discussion of the Acquisition, is available on the Claymore Funds' website at http://www.claymoreinvestments.ca/docs/default-document-library/notice-of-meeting-of-securityholders-and-management-information-circular.pdf and on SEDAR at www.sedar.com.

Claymore will accept votes in connection with the meetings of securityholders of the Claymore Funds up to 12:00 p.m. (Toronto time) on February 23, 2012. As a result, securityholders of the Claymore Funds have more time for their votes on the Acquisition to be counted.

Claymore strongly encourages securityholders of the Claymore Funds to take advantage of this opportunity and vote today by telephone or over the Internet at www.proxyvote.com using the control number found on their Voting Instruction Form. Every vote is important, regardless of the number of securities of a Fund held.

Securityholders who have questions or need any additional information should contact their professional advisors or Laurel Hill Advisory Group, the proxy solicitation agent in connection with the meetings, toll-free within North America at 1-888-742-1305 or collect 416-304-0211, or by email to: [email protected].

About Claymore

Claymore Investments, Inc. is a leader in bringing intelligent, low cost exchange-traded funds to Canada through its family of exchange-traded and closed-end funds across broad asset classes including core equity, global sectors, fixed income and commodities. With approximately $7.4 billion in assets under management as of January 31, 2012, Claymore Investments, Inc. is a subsidiary of Guggenheim Funds Services Group, Inc., a financial services and asset management company based in the Chicago, Illinois area and is an indirect subsidiary of Guggenheim Partners, LLC, a global, diversified financial services firm with more than $125 billion in assets under supervision.

For further information about Claymore Investments, Inc. or the Claymore Funds, please visit our website at www.claymoreinvestments.ca.

For media inquiries, please contact:

Claymore Investments, Inc. 
Dan Rubin
Vice-President, Marketing
[phone]
[email protected]