Canadian Warrants

The units of the fund will commence trading on an ex distribution basis at the opening on March 5, 2010, at which time up to 13 million warrants will be posted for trading on a when-issued basis, under the following trading information:

Symbol: RBN.WT
Cusip: 095819 11 6
Trading currency: Canadian
Designated market-maker: National Bank Financial Inc.
Other markets: None

Additional information on the warrant offering may be found in the fund's prospectus dated Feb. 24, 2010, which is available at SEDAR. Capitalized terms used but not otherwise defined are as defined in the prospectus.

All unitholders hold their units through a CDS participant. As a result, registration of interests in and transfers of warrants and units issuable upon exercise of the warrants will be made only through the book-entry only system of CDS Clearing and Depository Services Inc. Beneficial holders must arrange exercises or transfers of warrants through a CDS participant. The fund expects that each unitholder will receive a confirmation of the number of warrants issued to such unitholder from their CDS participant in accordance with the practices and procedures of that CDS participant.

A beneficial holder of warrants may subscribe for a whole number of units by instructing the CDS participant holding the subscriber's warrants to exercise all or a specified number of such warrants and forwarding the subscription price for each unit subscribed for in accordance with the terms of the offering and the warrant indenture to the CDS participant which holds the subscriber's warrants.

The subscription price is payable in Canadian funds and all payments must be forwarded to the appropriate office of the CDS participant. The entire subscription price for units subscribed for must be paid at the time of subscription and must be received by the warrant agent prior to the date of the exercise of the warrants. Accordingly, a subscriber subscribing through a CDS participant must deliver its payment and instructions sufficiently in advance of the expiry date to allow the CDS participant to properly exercise the warrants on such subscriber's behalf. Units will be issued on a fully paid basis only. units not issued prior to the closing of the record books on a distribution record date will not be eligible to receive the applicable distribution. Beneficial holders of warrants are encouraged to contact their CDS participant as CDS participants may have an earlier cut-off time.

Each holder of warrants that subscribes for units to which such holder is entitled pursuant to the basic subscription privilege may, at any time during the exercise period, subscribe for additional units pursuant to the additional subscription privilege, if applicable, at a price equal to the subscription price for each additional unit. Holders of warrants will not be required to fully exercise all of their warrants under the basic subscription privilege in order to be eligible for the additional subscription privilege.

To apply for additional units under the additional subscription privilege, a beneficial holder of warrants must forward their request to a CDS participant. Payment for additional units must accompany the request when it is delivered to the CDS participant. Accordingly, the subscriber must deliver payment and instructions sufficiently in advance of the expiry date to allow the CDS participant to properly exercise warrants on such subscriber's behalf and apply for additional units under the additional subscription privilege, as applicable. Payment in full of the subscription price must be received by the warrant agent prior to 5 p.m. (Toronto time) on the expiry date, failing which the subscriber's entitlement to such units will terminate. Any excess funds will be returned by mail or credited to a subscriber's account with its CDS participant, without interest or deduction.

The units are not registered under the United States Securities Act of 1933, as amended. The offering is made in Canada and not in the United States. The offering is not, and under no circumstances is to be construed as, an offering of any units for sale in the United States or an offering to or for the account or benefit of any U.S. person or a solicitation therein of an offer to buy any securities. Accordingly, the warrants may not be distributed to unitholders located in the United States, and no subscriptions will be accepted from any person, or their agent, who appears to be, or who the fund has reason to believe is, resident in the United States.

It is expected that CDS participants will, prior to the expiry date, attempt to sell for beneficial holders of warrants resident in the United States the warrants allotable to such beneficial holders at the price or prices it determines in its discretion. Any proceeds received by the CDS participant with respect to such warrants are expected to be delivered by the CDS participant as soon as practicable to such beneficial holders.

All unitholders whose recorded address is outside of Canada, other than those unitholders who confirm their eligibility to receive and exercise warrants, are advised that their warrants will be held by their CDS participant for the account of such unitholders. It is expected that the CDS participant will, prior to the expiry date, attempt to sell for such unitholders the warrants allotable to such unitholders at the price or prices it determines in its discretion. Any proceeds received by the CDS participant with respect to such warrants are expected to be delivered by the CDS participant as soon as practicable to such unitholders.

The fund will pay a warrant exercise fee equal to 15 cents per warrant at the time the warrant is exercised to the CDS participant whose client is exercising the warrant.

The warrants will be issued under and governed by the terms of a warrant indenture dated Feb. 26, 2010, between the fund and Computershare Trust Company of Canada as warrant agent. The warrant indenture provides for appropriate adjustments to the warrants in the event of stock dividends, subdivisions, consolidations and other forms of capital reorganization.

The Toronto Stock Exchange has been advised that a group of securities dealers or brokers has not been formed at this time.