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To EQUAL SECTOR Income Fund Unitholders:

EQUAL SECTOR Income Funds Distribution Reinvestment Plan (the "Plan") provides existing unitholders with a convenient and economical way to maximize their investment in EQUAL SECTOR. The Plan provides participants an opportunity to reinvest distributions into trust units and make optional trust unit purchases at a discount to the prevailing market price whenever the market price exceeds the net asset value.

If you are an existing unitholder and you wish to participate in EQUAL SECTOR' Distribution Reinvestment Plan, simply fill out the enrolment forms. If you require more information about the Plan, please contact our Plan Agent.

Sincerely,

W. Garth Jestley
President and Chief Executive Officer

 
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