RIB.UN - <span class="simulate_din_font">Ridgewood Canadian Investment Grade Bond Fund Declares Monthly Distribution for January of $0.0525 per Unit</span> (CAD 0.0525)

Company: Ridgewood Cad Invest Grade Bond Fund
Stock Name: RIB.UN
Amount: CAD 0.0525
Announcement Date: 13/01/2012
Record Date: 27/01/2012

Dividend Detail:

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TSX Symbol: RIB.UN

TORONTO, Jan. 13, 2012 /CNW/ - Ridgewood Canadian Investment Grade Bond
Fund is pleased

to announce that a cash distribution of $0.0525 per unit has been
declared. The monthly

distribution equates to an annualized distribution rate of 5.25% on an
initial subscription price of

$12.00 per unit. The distribution is payable on February 15, 2012 to
Unitholders of record at the

close of business on January 31, 2012.

For further information:

please call John H. Simpson, CFA, Managing Director, Ridgewood Capital Asset Management Inc. at (416) 479-2751.