SSF.UN Symphony Floating Rate Senior Loan Fund

Symphony Floating Rate Senior Loan Fund (TSX:SSF.UN) is pleased to announce the
completion of its treasury offering of approximately 12.5 million Class A and
Class U units for aggregate gross proceeds of approximately $130.6 million. The
Class A units will continue to trade on the Toronto Stock Exchange under the
existing symbol SSF.UN. The Class U units are convertible into Class A units.
The Class A and Class U units were offered at a price of $10.45 and US$10.45,
respectively. The offering price of the units was determined so as to be
non-dilutive to existing unitholders as of the pricing date. 


The Fund's investment objectives are to (i) provide monthly tax-advantaged
distributions consisting primarily of returns of capital; and (ii) preserve
capital, in each case, through exposure, pursuant to a forward agreement, to an
actively managed, diversified portfolio consisting primarily of floating rate
senior corporate debt instruments, including senior secured loans and other
senior debt obligations of North American non-investment grade corporate
borrowers. The Fund's distribution target is $0.05833 per Class A unit per month
and US$0.05833 per Class U unit per month, consisting primarily of tax-efficient
returns of capital. The Manager hedges substantially all of the value of the
portfolio attributable to the Class A units to the Canadian dollar. The value of
the portfolio attributable to the Class U units is unhedged. 


Symphony Asset Management LLC acts as sub-advisor for SSF Trust in connection
with the selection, purchase and sale of senior loans and other assets of the
portfolio. Backed by an institutional-calibre integrated credit platform and
supported by a 19-member team of experienced credit investment professionals,
Symphony manages approximately US$8.5 billion in senior loans and has
approximately US$11.8 billion in total assets under management, as at December
31, 2012. Funds sub-advised by Symphony have achieved the top one, three, five
and ten-year performance rankings by Lipper as at November 30, 2012 for the
senior loan asset class.


Symphony is a wholly-owned subsidiary of Nuveen Investments Inc. As at September
30, 2012, Nuveen and its affiliates had a total of approximately US$220 billion
of assets under management, and Nuveen was the leading sponsor of US-listed
closed-end funds according to Morningstar Fundamental Data, as measured by the
number of funds (more than 115) and the amount of fund assets under management
(approximately US$55 billion).


The syndicate of agents for the offering is being co-led by RBC Capital Markets
and CIBC and includes GMP Securities L.P., National Bank Financial Inc., TD
Securities Inc., BMO Capital Markets, Macquarie Private Wealth Inc., Raymond
James Ltd., Scotiabank, Canaccord Genuity Corp., Desjardins Securities Inc.,
Dundee Securities Ltd., Mackie Research Capital Corporation and Manulife
Securities Incorporated. 


For further information, please contact your financial advisor, call our
investor relations line at 416-642-6000, (toll-free at 1-866-642-6001) or visit
our website at www.bromptongroup.com. 


About Brompton Funds 

Brompton Funds, a division of Brompton Group, is a leading and experienced
investment fund manager. Brompton is focused on meeting the needs of investors
by offering low cost, innovative products with client friendly terms and
supported by strong corporate governance.


Commissions, trailing commissions, management fees and expenses all may be
associated with investment funds. Please read the Fund's publicly filed
documents which are available from SEDAR at www.sedar.com. Investment funds are
not guaranteed, their values change frequently and past performance may not be
repeated.


Certain statements contained in this news release constitute forward-looking
information within the meaning of Canadian securities laws. Forward-looking
information may relate to matters disclosed in this news release and to other
matters identified in public filings relating to the Fund, to the future outlook
of the Fund and anticipated events or results and may include statements
regarding the future financial performance of the Fund. In some cases,
forward-looking information can be identified by terms such as "may", "will",
"should", "expect", "plan", "anticipate", "believe", "intend", "estimate",
"predict", "potential", "continue" or other similar expressions concerning
matters that are not historical facts. Actual results may vary from such
forward-looking information. 


The securities offered have not been registered under the U.S. Securities Act of
1933, as amended, and may not be offered or sold in the United States absent
registration or any applicable exemption from the registration requirements.
This news release does not constitute an offer to sell or the solicitation of an
offer to buy securities nor will there be any sale of such securities in any
state in which such offer, solicitation or sale would be unlawful.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Investor relations line
416-642-6000 or toll-free at 1-866-642-6001
www.bromptongroup.com

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