TORONTO, ONTARIO -- (Marketwire) -- 08/20/08 -- The Board of Directors of Financial Services Income STREAMS ("FSI STREAMS") declares its regular monthly distribution of $0.1458 per Equity Dividend share (TSX: STR.E). Distributions are payable September 10, 2008 to shareholders on record as of August 29, 2008.

To date, Equity Dividend shareholders have received 94 monthly distributions for a total of $13.80 per share, inclusive of this distribution.

The managed portfolio (the managed portion of the assets of FSI STREAMS not subject to the repayment forward contract) is invested in a diversified portfolio of North American financial services stocks selected from the three major North American Financial services indices. The three indices are the TSX Financial Services Index, the S&P Financials Index and the S&P Midcap Financial Index. The managed portfolio can also invest up to 20% in non financial service companies selected from the TSX 300 Index and the S&P 500 Index. To provide additional returns above the dividend and interest income earned on the managed portfolio, a covered call writing program generates option premium income on stocks held in the portfolio.

Distribution Details:
Distribution per Equity Dividend Share (STR.E)      $ 0.1458
Ex-Dividend Date:                                   August 27, 2008
Record Date:                                        August 29, 2008
Payable Date:                                       September 10, 2008