5 July 2012
Dividend Announcement
Middlefield Canadian Income PCC is pleased to announce that the board of directors has declared a quarterly dividend of 1.25 pence per Share with respect to Middlefield Canadian Income - GBP PC (the "Fund").
The dividend will be paid on Tuesday 31 July 2012 to Shareholders of record on Friday 13 July 2012. The ex-dividend date is Wednesday 11 July 2012.
The Fund trades on the London Stock Exchange under the symbol MCT. Middlefield International Limited is the investment manager. The Fund invests in a broadly diversified, actively managed portfolio of Canadian equity income securities. As at 30 June 2012, the asset class weightings of the Fund's portfolio were:
| Asset Class | Portfolio Weighting |
| Energy Producers | 20.2% |
| Bonds and Convertible Debentures | 15.4% |
| Utilities | 14.4% |
| Real Estate | 11.8% |
| Industrials | 6.9% |
| Telecommunications | 6.4% |
| Power and Pipeline | 5.6% |
| Materials | 5.0% |
| Financials | 4.4% |
| Consumer Discretionary | 3.5% |
| Metals and Mining | 3.0% |
| Consumer Staples | 1.9% |
| Oil and Gas Services | 1.5% |
For additional information, please contact any of the undersigned:
| Gary Boudin Company Secretary Kleinwort Benson (Channel Islands) Fund Services Limited Tel.: 01481 727111 | W. Garth Jestley Director Middlefield Canadian Income PCC Tel.: 01481 727111 |