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Press release from Marketwire

Front Street Strategic Yield Fund Ltd. Declares Quarterly Dividend

Wednesday, March 20, 2013

Front Street Strategic Yield Fund Ltd. Declares Quarterly Dividend16:01 EDT Wednesday, March 20, 2013TORONTO, ONTARIO--(Marketwire - March 20, 2013) -THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICESFront Street Strategic Yield Fund Ltd. (the "Fund") (TSX:FSS) is pleased to announce a dividend of $0.07 per Equity Share for the quarter ending March 31, 2013. The dividend is anticipated to be payable on or before April 15, 2013 to shareholders of record on March 28, 2013. FOR FURTHER INFORMATION PLEASE CONTACT: Contact Information: Front Street Capital 2004Investor Relations1-800-513-2832www.frontstreetcapital.com