Dividend 15 Split Corporation II ("Dividend 15 II") announces its financial
results for the year ending November 30, 2009.


The year ending November 30, 2009 was one of the most tumultuous periods in
financial market history. Against this backdrop, the market prices of the stocks
in the portfolio mirrored this activity reaching lows in early March but
recovering significantly by the end of November. The net asset value as at
November 30, 2009 ended $2.42 higher to $16.53 per unit over the prior year. The
complete financial statements are available at www.dividend15.com or
www.sedar.com.


Dividend 15 invests in a portfolio of leading Canadian dividend-yielding stocks
as follows: Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of
Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada,
CI Financial Income Fund, BCE Inc., Manulife Financial, Enbridge, Sun Life
Financial, TELUS Corporation, The Thomson Corporation, TransAlta Corporation,
TransCanada Corporation. Shares held within the portfolio are expected to range
between 4-8% in weight but may vary at any time.


Selected Financial Information from the Statement of Financial Operations: For
the year ending November 30, 2009




                                                               ($ Millions)
Income                                                               3.946 
Expenses                                                            (0.898)
                                                              -------------
Net investment income                                                3.048 
Realized option premiums and gain (loss) on sale of                        
 investments                                                       (11.050)
Change in unrealized appreciation of investments                    27.579 
                                                              -------------
Increase in net assets from operations before distributions         19.577 



Comparative financial information is available in documents filed on www.sedar.com.

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