East Coast Investment Grade Income Fund Announces a Public Offering

Toronto, ON

FOR IMMEDIATE RELEASE

Arrow Capital Management Inc. (“Arrow”), on behalf of the East Coast Investment Grade Income Fund (the “Fund”), today announced the filing by the Fund of a preliminary 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 terms of the offering, including the maximum amount to be raised and the offering price of the units, will be set forth in a final form of prospectus supplement.