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Press release from CNW Group

AGF Management Limited Declares Dividend

Wednesday, September 28, 2011

AGF Management Limited Declares Dividend08:03 EDT Wednesday, September 28, 2011TORONTO, Sept. 28, 2011 /CNW/ - On September 27, 2011, the Board of Directors of AGF Management Limited declared a dividend of $0.27 per share on both the Class B Non-Voting shares and the Class A Voting common shares of the Company. This dividend will be payable on October 20, 2011 to shareholders of record on October 7, 2011.About AGF Management LimitedAGF Management Limited is one of Canada's premier independent investment solutions firms with offices across Canada and subsidiaries around the world. AGF's products include a diversified family of award-winning mutual funds, mutual fund wrap programs and pooled funds. AGF also manages assets on behalf of institutional investors including pension plans, foundations and endowments as well as for private clients. In addition, AGF Trust is a complementary business that offers GICs, loans and mortgages through the financial advisor and mortgage broker channels. With over $48 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.For further information: AGF Management Limited shareholders and analysts, please contact: Robert J. Bogart, CPA Executive Vice-President and Chief Financial Officer 416-865-4264, bob.bogart@agf.com Michael Clabby Vice-President, Investor Relations and Corporate Development 416-815-6275, michael.clabby@agf.com Media, please contact:   Odette Coleman Director, Public Relations and Public Affairs 416-865-4308, odette.coleman@agf.com