Top 20 Dividend Trust Announces Redemption Price

TORONTO, May 30, 2017 /CNW/ - Scotia Managed Companies Administration Inc. as manager of Top 20 Dividend Trust (the "Trust") has announced today the amount per unit that will be paid on or about May 31, 2017 to each unitholder for the redemption of all outstanding units of the Trust will be $8.7232.

The units of the Trust are listed for trading on The Toronto Stock Exchange (the "TSX") under the symbol TTY.UN. The units will be de-listed from the TSX as at close of trading on May 31, 2017.

SOURCE Top 20 Dividend Trust

Investor Relations: Top 20 Dividend Trust, [phone], E-mail: [email protected], Website: www.scotiamanagedcompanies.com