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Press release from Marketwire

Brompton Funds' Warrants Expire March 24, 2011

Tuesday, March 22, 2011

Brompton Funds' Warrants Expire March 24, 201119:39 EDT Tuesday, March 22, 2011TORONTO, ONTARIO--(Marketwire - March 22, 2011) -NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.Brompton Funds (TSX:AOG.UN)(TSX:AOG.WT)(TSX:OGF.UN)(TSX:OGF.WT)(TSX:LBS)(TSX:LBS.PR.A)(TSX:LBS.WT.A) Investors and investment advisors are reminded that Brompton Advantaged Oil & Gas Income Fund, Brompton Oil & Gas Income Fund and Life & Banc Split Corp. currently have warrants outstanding, which have significant implied values. The warrants expire on Thursday, March 24, 2011. FundWarrant Ticker SymbolWarrant Subscription PriceNet Asset Value(1) as at March 21, 2011Implied Value(2)Brompton Advantaged Oil & Gas Income FundAOG.WT$5.72$6.25$0.53Brompton Oil & Gas Income FundOGF.WT$5.65$6.19$0.54Life & Banc Split Corp.LBS.WT.A$18.87$19.29$0.42(1) Net asset value per unit assuming all outstanding warrants are exercised.(2) Calculated as the net asset value per unit less the warrant subscription price.Warrants which are not exercised or sold will expire on March 24, 2011. Investors should contact their investment advisor to exercise or sell their warrants.For further information, please contact your investment advisor, call Brompton's investor relations line at 416-642-9051, (toll-free at 1-866-642-6001) or visit our website at, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the fund's publicly filed documents which are available from SEDAR at Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this press release and to other matters identified in public filings relating to the Fund, to the future outlook of the Fund and anticipated events or results and may include statements regarding the future financial performance of the Fund. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or any applicable exemption from the registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities nor will there be any sale of such securities in any state in which such offer, solicitation or sale would be unlawful.FOR FURTHER INFORMATION PLEASE CONTACT: Chris CullenBrompton Funds Management LimitedSenior Vice President(416) 642-9064