Energy Split Declares Quarterly Distributions

The Board of Directors of Energy Split Corp. II Inc. today declared a return of capital distribution of $0.2657 per ROC Preferred Share payable on March 16, 2007 to holders of record at the close of business on March 9, 2007.

In addition, the Board of Directors of the Company has declared a return of capital distribution of $0.53 per Capital Yield Share payable on March 16, 2007 to holders of record at the close of business on March 9, 2007. Consequently, the twelve month trailing distribution totals $2.32 per Capital Yield Share. Distributions paid by the Company will vary with the actual distributions of the underlying portfolio of oil and gas funds and such variations may be material.

The Company has been created in order to generate fixed cumulative tax efficient distributions for the ROC Preferred Shareholders representing a yield of 4.25% per annum on the $25.00 offering price. The Capital Yield Shareholders are provided with a leveraged play on the yield and price performance from a fixed portfolio consisting of 24 oil and gas royalty trusts listed on the Toronto Stock Exchange.

Capital Yield Shares and ROC Preferred Shares of Energy Split Corp. II Inc. are listed for trading on The Toronto Stock Exchange under the symbols EN and EN.PR.A respectively. -- www.cnxmarketlink.com