Canadian Banc Corp. ("The Company") declares its regular monthly distribution of
$0.05313 (4.25% annualized based on the original issue price of $15.00 per
share) for each Class A share. The rate reflects the distribution policy of
Canadian prime rate (3.00% as at January 15, 2013) plus 1.25% 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 payment of 4.25% and a
Preferred share payment of 5.00% are the minimum payments as per the
distribution policy. Distributions are payable February 8, 2013 to shareholders
on record as of January 31, 2013.


Since inception Class A shareholders have received a total of $6.50 per share
and Preferred shareholders have received a total of $4.19 per share inclusive of
this distribution, for a combined total of $10.69 per unit.


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)                        $0.05313                          
Preferred Share (BK.PR.A)                 $0.04167                          
Ex-Dividend Date:                         January 29, 2013                  
Record Date:                              January 31, 2013                  
Payable Date:                             February 8, 2013                  



FOR FURTHER INFORMATION PLEASE CONTACT: 
Canadian Banc Corp.
Investor Relations
416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372)
www.primerateplus.com
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