Premium Income Corporation Announces Quarterly Distribution

TORONTO, ONTARIO -- (Marketwired) -- 10/02/15 -- Premium Income Corporation (TSX: PIC.A) (TSX: PIC.PR.A) has declared quarterly distributions payable on October 30, 2015 to shareholders of record on October 15, 2015, ex-dividend date of October 13, 2015, in the following amounts per share:

Share Class                                       Ticker    Amount Per Share
----------------------------------------------------------------------------
Class A Shares                                     PIC.A            $0.20319
Preferred Shares                                PIC.PR.A           $0.215625

To the extent that any portion of the distributions are ordinary taxable dividends and not capital gains dividends, they will be eligible dividends.

For further information, please contact Investor Relations at 416.681.3966, toll free at 1.800.725.7172 or visit www.strathbridge.com

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Contacts:
Strathbridge Asset Management Inc.
Aaron Ho
Vice-President, Finance

Strathbridge Asset Management Inc.
121 King Street West, Suite 2600
Toronto, Ontario, M5H 3T9
416.681.3966; 1.800.725.7172
[email protected]
www.strathbridge.com

Source: Premium Income Corporation

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