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Press release from Marketwire

Big 8 Split Inc. Announces Partial Call for Redemption

Wednesday, December 01, 2010

Big 8 Split Inc. Announces Partial Call for Redemption18:13 EST Wednesday, December 01, 2010TORONTO, ONTARIO--(Marketwire - Dec. 1, 2010) - Big 8 Split Inc. (TSX:BIG.A)(TSX:BIG.PR.B)(TSX:BIG.PR.C) announced today that it has called a total of 410,530 Preferred Shares, comprised of 194,191 Class B Preferred Shares and 216,339 Class C Preferred Shares, for cash redemption on December 15, 2010 representing approximately 18.2% of all outstanding Preferred Shares as a result of holders of 410,530 Capital Shares exercising their special annual retraction rights. The Preferred Shares shall be redeemed on a pro rata basis, so that holders of record of Preferred Shares on the close of business on December 14, 2010 will have approximately 18.2% of their Preferred Shares redeemed. The redemption price of $12.00 per share, will be paid on December 15, 2010. Holders of Preferred Shares that have been called for redemption will only be entitled to receive dividends thereon which have been declared but remain unpaid up to and including December 15, 2010.In addition, holders of a further 1,000 Preferred and Capital Shares have deposited such shares concurrently for retraction on December 15, 2010. As a result, a total of 411,530 Preferred and Capital Shares, or approximately 18.2% of both classes of shares currently outstanding will be redeemed.Payments and delivery of cash and common shares owing as a result of shareholders having exercised their retraction privilege and the above notice of call, will be made by the Company on December 15, 2010.Big 8 Split was established to generate dividend income for holders of the Preferred Shares while providing holders of the Capital Shares, with a leveraged opportunity to participate in capital appreciation from a portfolio of common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, The Toronto-Dominion Bank, Great-West Lifeco Inc., Manulife Financial Corporation, and Sun Life Financial Inc.Information concerning Big 8 Split Inc. is available on our website at www.tdsponsoredcompanies.com.The Capital Shares and Preferred Shares of Big 8 Split are listed on the Toronto Stock Exchange under the symbols BIG.A, BIG.pr.B and BIG.pr.C respectively.FOR FURTHER INFORMATION PLEASE CONTACT: Investor RelationsBig 8 Split Inc.416-982-2680