TDS.PR.B Announces Microscopic Redemption

TD Split Inc. has announced:

that it has called 397 Preferred Shares for cash redemption on November 14, 2008 representing approximately 0.04% of the outstanding Preferred Shares as a result of holders of 397 Capital Shares exercising their special annual retraction rights. The Preferred Shares shall be redeemed on a pro rata basis, so that each remaining holder of Preferred Shares will have approximately 0.04% of their Preferred Shares redeemed. The redemption price for the Preferred Shares will be $28.10 per share. Holders of Preferred Shares that have been called for redemption will be entitled to receive dividends thereon which have been declared but remain unpaid up to but not including November 14, 2008.

TDS.PR.B is tracked by HIMIPref™ but was relegated to the “Scraps” index in October 2006 due to volume concerns.

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