Tech Leaders Income Fund filed a Notice of Intention and received approval from the Toronto Stock Exchange to commence a normal course issuer bid on June 20, 2012. Under the bid, the company will repurchase up to 781,600 units, representing approximately 10% of the public float and 9.87% of its issued and outstanding units. The units may only be purchased at a price per unit not exceeding the last published net asset value per unit through the facilities of the TSX or other eligible alternative market. The repurchased shares may be cancelled. The fund may repurchase up to 158,368 units in any 30 day period which is 2% of the issued and outstanding units. The purchases will be made from June 22, 2012 to June 21, 2013. As of June 20, 2012, the company has 7,816,912 units in public float and as of June 14, 2012, the company has 7,918,412 issued and outstanding units.