TMXgroup

November 18, 2009

OCP Credit Strategy Fund (the "Fund") - An application has been granted for the original listing in the Industrial category of up to a maximum of 34,500,000 trust units (the "Units"), of which up to a maximum of 30,000,000 Units will be issued and outstanding, and up to a maximum of 4,500,000 Units will be reserved for issuance upon completion of an initial public offering (the "Offering").

Listing of the Units will become effective at 5:01 p.m. on Thursday, November 19, 2009, in anticipation of the public offering closing on Friday, November 20, 2009. The Units, other than those which have not been distributed to the public will be posted for trading at the opening on November 20, 2009.

Registration of interests in and transfers of the Units will be made only through the Book-Entry Only System. On the Closing Date, the Computershare Trust Company of Canada (the "Trustee") will deliver to CDS Clearing and Depository Services Inc. ("CDS") a certificate representing the aggregate number of Units then subscribed for under the Offering. Units must be purchased, converted, transferred and surrendered for redemption through a CDS Participant. Upon purchase of any Units, the Unitholders will receive only a customer confirmation.

Additional information on the Units may be found in the final prospectus dated October 27, 2009 (the "Prospectus"), which is available at www.SEDAR.com. Capitalized terms not otherwise defined are as defined in the final Prospectus.

Stock Symbol: "OCS.UN"
CUSIP: 67087D 10 6
Trading Currency: CDN

Temporary Market Maker Desjardins Securities Inc.

Other Markets: None

Head Office Address: 161 Bay Street
49th Floor
Toronto, Ontario
M5J 2S1

Email Address: info@ocpcreditstrategy.ca

Website Address: www.ocpcreditstrategy.ca

Head Office Telephone Number: (877) 260-4055

Fax Number: (416) 362-5765

Investor Relations: Steve Gutman
(201) 541-2121
sgutman@onexcredit.com

and -

Stuart R. Kovensky
(201) 541-2121
skovensky@onexcredit.com

Chief Financial Officer: Josh Spierer

Corporate Secretary: Steve Gutman

Incorporation: The Fund is an investment fund established under the laws of the Province of Ontario and governed by a Declaration of Trust dated as of October 27, 2009.

Manager of the Fund: Onex Credit Partners, LLC.

Fiscal Year End: December 31

Nature of Business: The Fund has been established to provide Unitholders with exposure to the performance of an actively managed, unlevered, diversified portfolio (the "Portfolio") comprised primarily of senior debt obligations of non-investment grade North American issuers.

The Fund, through exposure to the Portfolio, will seek to achieve the following objectives: (i) to maximize total returns for holders of Units ("Unitholders"), on a tax-advantaged basis; (ii) to provide Unitholders with attractive, quarterly, tax-advantaged distributions, initially targeted to be $0.70 per annum, representing an annual yield of 7% based on the original issue price of $10.00 per Unit; and (iii) to preserve capital.

Transfer Agent & Registrar: Computershare Investor Services Inc. at its principal office in Toronto.

Distributions: The Fund intends to make quarterly distributions to Unitholders of record on the last business day of each of March, June, September and December (the "Distribution Record Date"). Distributions will be paid no later than the 15th day of the following month (the "Distribution Payment Date"). The initial quarterly distributions are targeted to be $0.175 per Unit ($0.70 per annum representing an annual cash distribution of 7.0% based on the $10.00 per Unit issue price). The Fund will not have a fixed quarterly distribution but will determine and announce at least each July, commencing in 2010, an expected distribution amount for the following twelve months. The initial cash distribution is anticipated to be payable on April 15, 2010, to Unitholders of record on March 31, 2009 and will include a pro rated amount for the period from the closing of the Offering (anticipated to be November 20, 2009) to December 31 2009.

Public Offering: Pursuant to the terms of the Prospectus, a maximum of 34,500,000 Units (including the overallotment option of 4,500,000 Units) at a price of $10.00 per Unit, are being offered to the public by RBC Dominion Securities Inc., CIBC World Markets Inc., BMO Nesbitt Burns Inc., Scotia Capital Inc., Canaccord Capital Corporation, Dundee Securities Corporation, GMP Securities L.P., HSBC Securities (Canada) Inc., Blackmont Capital Inc., Desjardins Securities Inc., Manulife Securities Incorporated, Raymond James Ltd., Research Capital Corporation and Wellington West Capital Markets Inc.