Canadian Warrants

Listing of the trust units and warrants will become effective at 5:01 p.m. on Monday, Aug. 13, 2007, in anticipation of the offering closing on Tuesday, Aug. 14, 2007. The trust units and warrants, other than those which have not been distributed to the public, will be posted for trading at the open on Tuesday, Aug. 14, 2007. The trust units and warrants will be sold to the public in the form of units at a price of $10 per unit. Each unit consists of one trust unit and one full warrant. The units will separate immediately upon closing of the offering.

Each warrant entitles the holder to purchase one trust unit at a subscription price of $12.50 from the later of the closing date of the offering and the date following the release of the gross proceeds of the offering in accordance with the FII (foreign institutional investor) registration custodian agreement to and including the date which is three years after the closing.

The warrants will be governed by the terms of a warrant indenture to be dated as of Aug. 14, 2007, between the fund and Computershare Trust Co. of Canada as the 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 fund is required to be registered as a FII or a subaccount of a FII in India to trade in Indian securities. To the extent that the fund has not received such registration by closing from the applicable regulatory authorities in India, all funds received from subscribers will, in accordance with Canadian securities laws, be held by a depository that is a registrant, bank or trust company pursuant to the FII registration custodian agreement for a period not longer than 90 days from closing. To the extent such approvals are not obtained within such 90 days, the depository will pay $9.40 per trust unit to registered unitholders and 60 cents per warrant to registered warrantholders and such holders' pro rata share of the earned interest per trust unit and/or warrant as the case may be, less applicable withholding taxes, if any.

The trust units are not redeemable. A trader note will be issued by the Toronto Stock Exchange on or prior to the 90th day following closing confirming either that the FII or subaccount registration of the fund has been obtained or that such registration has not been obtained and the subsequent delisting of the trust units and warrants. Registration of interests in and transfers of the trust units and warrants will be made only through the book-based system of CDS Clearing and Depositary Services Inc. Trust units and warrants must be purchased, transferred and surrendered for retraction or redemption only through a CDS participant. Beneficial owners will not have the right to receive physical certificates evidencing their ownership in the trust units and the warrants comprising the units. Upon purchase of any trust units and warrants, the owner will receive only the customary confirmation. Additional information on the trust units and warrants can be found in the final prospectus dated Aug. 2, 2007, which is available on www.sedar.com. Capitalized terms not otherwise defined are as defined in the final prospectus.

Trust units
Symbol: DPF.UN
Cusip No.: 26138Y 20 4
Trading currency: Canadian dollars
 
Warrants
Symbol: DPF.WT
Cusip No.: 26138Y 11 3
 
Trading currency: Canadian dollars
Temporary market-maker: GMP Securities Ltd.
Other markets: None
Fund manager: Goodman & Co., Investment Counsel Ltd.
Incorporation: The fund is a closed-end investment trust established under the laws of the Province of Ontario pursuant to the declaration of trust dated as of July 13, 2007, and amended and restated as of Aug. 2, 2007.
Fiscal year-end: June 30
 
Nature of business: The fund's investment objective is to provide capital appreciation by investing in an actively managed, diversified portfolio comprising: (a) predominantly public issuers that operate primarily in India; (b) up to 20 per cent in private issuers operating primarily in India; and (c) issuers located outside of India that are seeking to capitalize on potential opportunities that may be or become available in India.
 
Transfer agent and registrar: Computershare Investor Services Inc. at its principal office in Toronto for the trust units, and Computershare Trust Co. of Canada at its principal office in Toronto for the warrants
 
Distributions: From time to time, the fund may, at the discretion of the manager, make distributions to holders of trust units. In any event, the fund will make distributions at the end of each year to the extent necessary to ensure that the fund will not be liable for income tax under the Tax Act. These distributions may be in the form of either cash or additional trust units.
 
Public offering: Pursuant to the terms of the prospectus, units are being offered to the public at a price of $10 per unit by GMP Securities LP, Dundee Securities Corp., BMO Nesbitt Burns Inc., Canaccord Capital Corp., CIBC World Markets Inc., TD Securities Inc. and RBC Dominion Securities Inc., as agents.