Toronto, ON. (November 26, 2008) – GMP Capital Trust (the “Fund”) (TSX: GMP.UN) announced today that a normal course
issuer bid (“NCIB”) has been accepted by the Toronto Stock Exchange (“TSX”). The Fund intends to purchase for cancellation up to
4,482,792 Fund units, representing 10% of the public float of 44,827,922 Fund units on November 18, 2008, from time to time over the
next 12 months. Purchases may commence on December 1, 2008 and will conclude on the earlier of the date on which purchases
under the NCIB have been completed and November 30, 2009. The Fund had 46,804,510 Fund units and 17,255,124 Exchangeable
L.P. units issued and outstanding as at November 18, 2008.
Toronto, ON. (November 19, 2008) – GMP Capital Trust (the “Fund”) (TSX: GMP.UN) announced today a monthly cash
distribution of $0.05 per Fund unit for the month of November 2008 to be paid on December 19, 2008, to unitholders of record
as of November 28, 2008. A cash distribution of $0.05 per Fund unit for the month of November 2008 to be paid on December
19, 2008, was also declared to holders of the Class B limited partner units of Griffiths McBurney L.P.
Toronto, ON. (November 6, 2008) – GMP Capital Trust (the “Fund”) reported revenue of
$74.8 million for the third quarter ended September 30, 2008, a decrease of 43% compared with the
same period a year ago, largely reflecting the challenging business environment currently facing all
financial services participants. The Fund recorded lower revenue in all of its business segments
during third quarter 2008 compared with record revenue generation by the Fund in the same period a
year ago. Net income was $6.9 million, down 82% compared with the same period in 2007.