East Coast Investment Grade Income Fund Completes Additional Public Offering

Toronto, ON

FOR IMMEDIATE RELEASE

(TSX: ECF.UN) Arrow Capital Management Inc. (“Arrow”), on behalf of the East Coast Investment Grade Income Fund (the “Fund”), today announced that the Fund has completed its additional offering (the “Offering”) of units for gross proceeds of approximately $15.4 million. The units were issued at a price of $9.80.