BK Canadian Banc Corp

Canadian Banc Recovery Corp (formerly Prime Rate Plus Corp) ("The Company")
declares its regular monthly distribution of $0.06250 (5.00% annualized) for
each Class A share which reflects the distribution policy of prime rate in
Canada (3.00% as at February 15, 2011) plus 2% annually. The Company also
declares its regular monthly distribution of $0.04167 (5.00% annualized) for
each Preferred share which reflects the distribution policy of prime rate plus
0.75% annually. An annual Class A and Preferred share payment of 5.00% is the
minimum payment as per the prospectus. Distributions are payable March 10, 2011
to shareholders on record as of February 28, 2011.


Since inception Class A shareholders have received a total of $5.18 per share
and Preferred shareholders have received a total of $3.23 per share inclusive of
this distribution, for a combined total of $8.41 per share.


The Company invests in a portfolio of six publicly traded Canadian Banks as
follows: Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of
Canada, Royal Bank of Canada, Bank of Nova Scotia, Toronto-Dominion Bank. Shares
held within the portfolio are expected to range between 5-20% in weight but may
vary at any time. To generate additional returns above the dividend income
earned on the portfolio, The Company will engage in a selective covered call
writing program.




Distribution Details:                                                       
Class A Share (BK)               $0.06250                                   
Preferred Share (BK.PR.A)        $0.04167                                   
Ex-Dividend Date:                February 24, 2011                          
Record Date:                     February 28, 2011                          
Payable Date:                    March 10, 2011

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