Premium Income Corporation Announces Quarterly Distribution

TORONTO, ONTARIO -- (Marketwired) -- 01/06/16 -- Premium Income Corporation (TSX: PIC.A)(TSX: PIC.PR.A) has declared quarterly distributions payable on January 29, 2016 to shareholders of record on January 15, 2016, ex-dividend date of January 13, 2016, 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.

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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