Notice from the Office of the Secretary - In the matter of the Securities Act
R.S.O. 1990, C. S.5, as amended - and - In the matter of Phoenix Capital
Income Trust and Phoenix Capital Inc.

TORONTO , Nov. 23 /CNW/ - The Commission issued the Decision in the above named matter.

A copy of the Decision dated November 13, 2009 is available at www.osc.gov.on.ca.

    
    OFFICE OF THE SECRETARY
    JOHN P. STEVENSON
    SECRETARY
    

For further information: For media inquiries: Wendy Dey, Director, Communications & Public Affairs, [phone]; Carolyn Shaw-Rimmington, Assistant Manager, Public Affairs, [phone]; For investor inquiries: OSC Contact Centre, [phone], 1-877-785-1555 (Toll Free)