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Global Banks Premium Income Trust-Distribution, March 2012

BURLINGTON, ONTARIO -- (Marketwire) -- 03/20/12 -- Global Banks Premium Income Trust (TSX: GBP.UN) today announced that a quarterly cash distribution in the amount of $0.04 per unit of the Trust will be paid on April 13, 2012 to unitholders of record as of March 30, 2012.

A unitholder that has continually held units since inception will have received a total of $3.01 per unit as of payment date.

Portland Investment Counsel Inc.
Christopher Wain-Lowe

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