Brompton Funds
| Distribution | Holders will be entitled to receive fixed quarterly interest payments of $0.15 per Preferred security which will be paid quarterly in arrears on the fifteenth day of February, May, August and November in each year or the next business day if the fifteenth is not a business day. |
| Redemption | A holder of Preferred shares may be redeemed by tendering shares of the Fund by the last business day of July for redemption on the second last business day of August. The redemption price will be $10.00 per Preferred share (plus any accrued and unpaid interest) payable on or before the tenth business day of September. |
| Maturity Date | May 31, 2009 |