AllBanc Split Declares Quarterly Dividends

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The Board of Directors of AllBanc Split Corp. has today declared an ordinary dividend of $0.3344 per Class B Preferred Share and an ordinary dividend of $0.22 per Class A Capital Share, payable on December 10, 2008 to holders of record at the close of business on November 24, 2008.

Holders of Class B Preferred Shares are entitled to receive quarterly fixed cumulative distributions equal to $0.3344 per Preferred Share.

The Company's Class A Capital Share dividend policy is to pay holders of Class A Capital Shares quarterly dividends in an amount equal to the dividends received by the Company on the underlying common shares in excess of the fixed Class B Preferred Share dividends and forecasted administrative and operating expenses of the Company. -- www.cnxmarketlink.com

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