TSX Symbol: RIB.UN

Ridgewood Canadian Investment Grade Bond Fund Declares Monthly Distribution for December of $0.0525 per Unit and Amends the Distribution Payable Date for the Distribution Declared on November 15, 2012.

TORONTO (December 14, 2012) –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 January 15, 2013 to Unitholders of record at the close of business on December 31, 2012.

The distribution payment date previously announced for the Fund’s November monthly distribution that was declared on November 15, 2012 has been amended to December 14, 2012.

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