Canso Credit Trust - Canso Credit Income Fund announces a share repurchase program. Under the program, the company will repurchase up to 1,963,569 shares, representing 9.99% of its issued and outstanding Class A units and 10% of its public float. Repurchases will be made at the market prices.

Purchases will be executed through the facilities of the TSX and/or alternative Canadian trading platforms under the NCIB rules of the TSX. All units purchased will be cancelled. The Fund has received approval from the TSX.

The Fund is repurchasing units to support the market price of its Units and to reduce opportunities for arbitrage. The Fund is permitted to purchase up to 392,913 of its units in a given 30-day period.The bid will terminate on April 14, 2016, or on the date on which the Fund has acquired the maximum units under the bid. As of April 9, 2015, the company had 19,645,699 units issued and outstanding and 19,635,699 units in public float.