Big 8 Split Inc. Announces Quarterly Dividends on Preferred Shares and Increases Capital Share Dividend

TORONTO, ONTARIO -- (Marketwire) -- 07/08/10 -- Big 8 Split Inc. (TSX: BIG.A)(TSX: BIG.PR.C)(TSX: BIG.PR.B) announced today that it has declared a quarterly dividend on its Preferred Shares of 0.21 per Class B Preferred Share and 0.1725 per Class C Preferred Share. In addition a quarterly dividend on its Class A Capital Shares was declared of 0.09125 per Class A Capital Share, representing an increase of 0.01 per Class A Capital Share. The dividends on the Class B Preferred Shares, Class C Preferred Shares and Class A Capital Shares are all payable on September 15, 2010 to holders of record on August 31, 2010.

Big 8 Split was established to generate dividend income for the Preferred Shares while providing holders of the Capital Shares, with a leveraged opportunity to participate in capital appreciation from a portfolio of common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, The Toronto-Dominion Bank, Great-West Lifeco Inc., Manulife Financial Corporation, and Sun Life Financial Inc. Information concerning Big 8 Split Inc. is available on our website at www.tdsponsoredcompanies.com.

The Capital Shares and Preferred Shares of Big 8 Split are listed on the Toronto Stock Exchange under the symbols BIG.A, BIG.pr.C and BIG.pr.B respectively.