East Coast Investment Grade Income Fund Announces a Public Offering

Toronto, ON

FOR IMMEDIATE RELEASE

Arrow Capital Management Inc. (“Arrow”), on behalf of East Coast Investment Grade Income Fund (the “Fund”), announces the proposed filing by the Fund of a prospectus supplement with the securities regulators in all provinces and territories of Canada, with the exception of Quebec, relating to a distribution of units of the Fund (the “Units”). The Units are being offered at a price of $9.85 per Unit.