UPCOMING REDEMPTION DATE: June 30, 2009

Reminder: June 9, 2009 at 4:00 PM Toronto Time is the Deadline for Placing Redemption Orders

NOTICE TO ALL ADVISORS:

Redemption requests for June 30, 2009 for Business Development Bank of Canada Managed Futures Notes ("BDC"), Series N-5 through N-8, and The Canadian Wheat Board Managed Futures Notes ("CWB"), Series N-9 through N-12 will be accepted beginning Monday, April 13, 2009, and must be received in proper form by 4:00 PM ET on Tuesday, June 9, 2009.

Redemption orders placed prior to April 13 or after June 9, 2009 will not be processed. Premature orders must be re-submitted on or after April 13 and no later than 4:00 PM ET on June 9, 2009 if they are to be effected.

Premature or late orders, which are not submitted during the proper window will not be carried forward to the next redemption window and must be resubmitted during the next applicable window if they are to be effected in that cycle. Tricycle bears no responsibility for informing investors or their advisors that a submission has been made outside of the appropriate window. Tricycle bears no liability for someone else’s failure to submit during the proper window.

ALL NOTICES OF REDEMPTION SHOULD BE PROCESSED ELECTRONICALLY THROUGH FUNDSERV.

T2033 TRANSFER DOCUMENTS MAY BE FAXED TO 877 384 4814.

All TCC Notes are Eligible for Redemption on June 30, 2009.

FundServ Codes:

• TCC 005 - BDC Managed Futures Notes, Series N-5
• TCC 006 - BDC Managed Futures Notes, Series N-6
• TCC 007 - BDC Managed Futures Notes, Series N-7
• TCC 107 - BDC Managed Futures Notes, Series N-7A
• TCC 008 - BDC Managed Futures Notes, Series N-8
• TCC 009 - CWB Managed Futures Notes, Series N-9
• TCC 010 - CWB Managed Futures Notes, Series N-10
• TCC 1103 - CWB Managed Futures Notes, Series N-11A
• TCC 1104 - CWB Managed Futures Notes, Series N-11B
• TCC 1203 - CWB Managed Futures Notes, Series N-12A
• TCC 1204 - CWB Managed Futures Notes, Series N-12B

For all series of Notes, the redemption privileges remain as described in the relevant Information Statements. Click here for the redemption schedule.