TMXgroup

January 13, 2010

T. Boone Pickens Energy Fund (the "Fund") - An application has been granted for the original listing in the Industrial category of up to 23,000,000 Class A Combined Units of the Fund, of which up to 20,000,000 Class A Combined Units will be issued and outstanding, and up to 3,000,000 Class A Combined Units will be reserved for issuance upon completion of an initial public offering (the "Offering").

Listing of the Class A Combined Units will become effective at 5:01 p.m. on Thursday, January 14, 2010, in anticipation of the Offering closing on Friday, January 15, 2010. The Class A Combined Units will be posted for trading at the opening on January 15, 2010.

Each Class A Combined Unit consists of one transferable, redeemable class A unit ("Class A Unit") and one transferable warrant for one Class A Unit ("Warrant"). The Class A Units and Warrants comprising the Class A Combined Units will separate immediately following the earlier of the closing of the final exercise of the Over-Allotment Option [as defined in the Fund's final prospectus dated December 14, 2009 (the "Prospectus")] or 30 days after the closing of the Offering, and may be transferred separately thereafter. Each Warrant entitles the holder to purchase one Class A Unit at a subscription price of $10.00 on April 29, 2011.

Upon separation of the Class A Combined Units, the Class A Units and the Warrants will be listed on Toronto Stock Exchange. A further bulletin will be issued confirming the separation date of the Class A Combined Units and the trading information of the Class A Units and Warrants.

Registration of interests in, and transfers of, the Class A Combined Units, the Class A Units and the Warrants will be made only through the book-entry only system of CDS Clearing and Depository Services Inc. ("CDS"). On the date of Closing, the Fund will deliver to CDS certificates evidencing the aggregate number of Class A Combined Units subscribed for under the Offering. Class A Combined Units, Class A Units and Warrants must be purchased, transferred and, if applicable, surrendered for redemption only through a CDS Participant. All rights of an owner of Class A Combined Units, Class A Units or Warrants must be exercised through, and all payments or other property to which such owner is entitled will be made or delivered by, CDS or the CDS Participant through which the owner holds such securities. Upon purchase of any Class A Combined Units, Class A Units or Warrants, the owner will receive only the customary confirmation.

Additional information on the Class A Combined Units, Class A Units and Warrants can be found in the Fund's Prospectus, which is available at www.SEDAR.com. Capitalized terms not otherwise defined are as defined in the Prospectus.

Stock Symbol: "TBP.A"
CUSIP: 872240 20 5
Trading Currency: CDN$

Temporary Market Maker: Macquarie Capital Markets Canada Ltd.

Other Markets: None

Head Office Address: 1 First Canadian Place
3rd Floor Podium
Toronto, ON
M5X 1H3

Telephone Number: (416) 359-7742

Fax Number: (416) 359-5727

Email Address: markw.lobsinger@bmo.com

Website Address: www.bmocm.com/bmosp

Investor Relations: Mark W. Lobsinger
Director, Financial Products
markw.lobsinger@bmo.com

Portfolio Manager: TBP Investments Management LLC

Administrator: BMO Nesbitt Burns Inc.

Chief Financial Officer: David Ferguson

Corporate Secretary: Vandra Goedvolk

Incorporation: The Fund is an investment trust established under the laws of the Province of Ontario pursuant to a declaration of trust dated December 14, 2009.

Fiscal Year End: December 31

Nature of Business: The Fund will seek to achieve its investment objective by investing the net proceeds of the Offering in an actively managed portfolio consisting primarily of equity and commodity-related investments within the energy and energy-related sectors.

Transfer Agent & Registrar: CIBC Mellon Trust Company, at its principal offices in Toronto.

Distributions: The Fund does not intend to pay regular distributions to unitholders.

Initial Public Offering: Pursuant to the terms of the Prospectus, a maximum of 20,000,000 Class A Combined Units at a price of $10.00 per Class A Combined Unit are being offered to the public by BMO Nesbitt Burns Inc., CIBC World Markets Inc., RBC Dominion Securities Inc., TD Securities Inc., Blackmont Capital Inc., Canaccord Financial Ltd., Desjardins Securities Inc., Dundee Securities Corporation, HSBC Securities (Canada) Inc., Raymond James Ltd., GMP Securities L.P., Manulife Securities Incorporated, Wellington West Capital Markets Inc. and Research Capital Corporation, as agents.