Net Asset Value

5Banc Split Inc.

As of December 31, 2008
  NAV ($) Market Price ($)2
Unit Value11.2210.35
Capital ShareFBS.B1.222.45
Preferred ShareFBS.PR.B10.001 7.90

The following table lists the historical net asset values and market prices for the Preferred and Capital Shares.

Net Asset Value (NAV): Calculated by dividing the "Net Assets" of the Company by the number of outstanding Units
Market Price Per Unit: The Market Price per Preferred Share plus the Market Price per Capital Share.
Premium/(Discount): The difference between the "Intrinsic Value" of a Capital Share and the Market price of a Capital Share.
(Intrinsic Value = NAV of a Unit less the cost of redeeming a Preferred Share)
1 NAV on Preferred Shares represents the price of a Preferred Share on redemption.
2 All market data is based on the closing prices on the Toronto Stock Exchange (TSX).
Period from:
To:
Submit
DateNAV Per
Unit ($)
Market Price Per Unit ($)Market Price Capital Share ($)Premium / (Discount) ($)Market Price Preferred Share ($)
12/31/200811.2210.352.451.237.90
12/24/200810.358.972.021.676.95
12/18/200810.529.602.602.087.00
12/15/200810.709.962.511.817.45
12/12/200810.8610.062.611.757.45
12/11/200810.6610.112.451.797.66
12/04/200811.1010.193.091.997.10
January 06, 2009

Key Contacts

Investor Relations
416.982.2865
416.982.4410 (fax)Click to mail
All correspondence
5Banc Split Inc.
c/o TD Securities Inc.
222 Bay Street
7th floor, Ernst & Young Tower
Toronto, Ontario M5K 1A2