Global Banks Premium Income Trust-Distribution, June 2008

Wed Jun 18, 4:00 PM

BURLINGTON, ONTARIO--(Marketwire - June 19, 2008) - Global Banks Premium Income Trust (TSX: GBP-UN.TO) (the "Fund") today announced that a monthly cash distribution in the amount of $0.05833 per unit of the Fund will be paid on July 15, 2008 to unitholders of record as of June 30, 2008.

A unitholder that has continually held units since inception will have received a total of $2.41 per unit as of payment date.

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