Ridgewood Canadian Investment Grade Bond Fund Declares Monthly Distribution for January of $0.0525 per Unit

TSX Symbol: RIB.UN

TORONTO, Jan. 13, 2012 /CNW/ - Ridgewood Canadian Investment Grade Bond Fund is pleased
to announce that a cash distribution of $0.0525 per unit has been declared. The monthly
distribution equates to an annualized distribution rate of 5.25% on an initial subscription price of
$12.00 per unit. The distribution is payable on February 15, 2012 to Unitholders of record at the
close of business on January 31, 2012.

please call John H. Simpson, CFA, Managing Director, Ridgewood Capital Asset Management Inc. at [phone].