Brompton Split Banc Corp. Announces Rights Offering.

TORONTO -- Brompton Split Banc Corp. (TSX:SBC)(TSX:SBC.PR.A) is pleased to announce that it has filed a preliminary prospectus relating to a rights offering of Units available to all Class A shareholders. Each Class A shareholder will be entitled to receive one Right for each Class A share held. One Right will entitle the holder to purchase a Unit, consisting of one Class A share and one Preferred share at a price to be determined at the time of filing the final prospectus. The exercise price is expected to be set at a discount to the combined market prices of the Class A and the Preferred shares and at a premium to the net asset value per unit. On this basis it is expected that the exercise of the Rights would be accretive to existing shareholders on a net asset value per share basis.

The Class A and Preferred shares of Brompton Split Banc Corp. began trading on November 16, 2005 and as of February 8, 2006 were trading at a premium to their February 2, 2006 net asset values. The net asset value of the Class A shares has risen since inception during which period the Class A shareholders have received the benefit of a distribution at a rate of $1.20 per share per annum. Successful completion of the Rights Offering is expected to increase the trading liquidity of the shares and reduce the management expense ratio of the Fund.

Brompton Split Banc Corp. was created to provide investors with an equal-weighted investment in the six largest Canadian banks utilizing a split share structure on a low cost basis. Class A shareholders receive the benefits of monthly cash distributions at a current rate of $1.20 per share per annum, low management fees and the opportunity for growth in net asset value. Preferred shareholders receive fixed quarterly distributions at a rate of $0.525 per share per annum. The preferred shares are rated Pfd-2 by Dominion Bond Rating Service Limited. Highstreet Asset Management Inc., the Option Advisor, may at its discretion selectively write covered call and cash covered put options to generate additional distributable income for the Fund.

The Fund is managed by Brompton SBC Management Limited, a member of the Brompton Group of Companies. For further information, please contact your financial advisor, call our investor relations line at 416-642-9051, toll free at 1-866-642-6001 or visit our website at www.bromptongroup.com.

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the fund's publicly filed documents which are available from SEDAR at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Brompton Split Banc Corp. (TSX:SBC) (TSX:SBC.PR.A)