Blue Ribbon Income Fund (TSX: RBN.UN) is a TSX-listed closed-end investment fund designed to provide investors with high monthly income and the potential for capital appreciation by finding undervalued opportunities in Canadian high-income equities. Award-winning Portfolio Manager: Bloom Investment Counsel, Inc. • Portfolio Manager of Blue Ribbon Income Fund for the 14 years since inception. • Over 25 years of equity income investment expertise. • A strong long-term track record managing high income equity and income trust portfolios. • Has been recognized as a TopGun Canadian Equity Portfolio Manager (Brendan Wood). Strong Historical Performance • Consistent long-term outperformance of indices and peers. Compound Annual Returns2 1-Yr 3-Yr 5-Yr 10-Yr Since Inception1 Blue Ribbon Income Fund 8.0% 24.3% 9.3% 12.5% 12.7% S&P/TSX Composite Total Return Index3 -8.7% 13.2% 1.3% 7.0% 6.2% #1 Ranked Mutual Fund4 9.6% 20.4% 7.2% 12.5% n/a #2 Ranked Mutual Fund4 0.1% 17.6% 4.5% 10.7% n/a #3 Ranked Mutual Fund4 0.1% 15.1% 2.4% 10.3% n/a Attractive Distributions • 6.1% Annual Distribution, paid monthly (based on Dec. 31, 2011 closing price). • $13.52 per Unit in cash distributions have been paid since inception to Dec. 31, 2011. Sub-Administrator: Brompton Funds is an experienced closed-end fund manager and leader in corporate governance with over $1 billion of assets under management. Brompton is focused on meeting the needs of investors by offering low cost, innovative products with client friendly features. 1 Period from September 16, 1997 to December 31, 2011 2 Returns are for the periods ended December 31, 2011 and are unaudited. Returns for the Blue Ribbon Income Fund were calculated based on publicly available information and accounting records for Blue Ribbon Income Fund. Annualized returns were calculated on a total return basis by reinvesting each cash distribution and deemed distribution on the exercise of rights/warrants into additional units of the Blue Ribbon Income Fund 3 Source: Thomson Reuters, GlobeInvestor.com as of Dec. 31, 2011 4 As ranked by GlobeInvestor.com by 10-yr performance for Canadian Dividend and Income Equity Mutual Funds: GlobeInvestor.com – As of Dec. 31, 2011 Certain statements contained in this document constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this document and to other matters identifi ed in public fi lings relating to the Fund, to the future outlook of the Fund and anticipated events or results and may include statements regarding the future fi nancial performance of the Fund. In some cases, forward-looking information can be identifi ed by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the fund's publicly fi led documents which are available from SEDAR at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.       For More Information: BLUE RIBBON INCOME FUND   Overview   Investor Brochure   Fund Features   Conference Call - Jan. 25, 2012   Brompton Funds Bay Wellington Tower, Brookfield Place Suite 2930, Box 793, 181 Bay Street, Toronto, Ontario M5J 2T3 General Inquiries: (416) 642-6000 Investor Relations: (416) 642-9051 Toll Free: (866) 642-6001 Website: www.bromptonfunds.com     Bloom Investment Counsel, Inc. 150 York Street Suite 1710 Toronto, Ontario M5H 3S5 General Inquiries: (416) 861-9941 Toll Free: 1(855) Bloom18 Website: www.bloominvestmentcounsel.com