Mutual Fund Rollover Transaction

Jov Flow-Through Holdings Corp., the promoter of Jov Diversified Flow-Through 2008-II Limited Partnership (the “Partnership”) and JovInvestment Management Inc. (“JovInvestment”) the manager of Jov Corporate Funds Inc. (the “Mutual Fund”), announce that the Partnership has completed the transfer and sale of all the property and assets (the “Assets”) of the Partnership on a tax deferred basis to the Mutual Fund in exchange for redeemable Series A Shares of the Jov Canadian Equity Class of the Mutual Fund (the “Equity Class Shares”) effective Thursday, October 22, 2009.

Limited Partnership units (the “Units”) of the Partnerships were exchanged on a tax deferred basis for Equity Class Shares with equal value pursuant to asset purchase agreements dated September 30, 2009 between the Partnerships and the Mutual Fund.

Conversion Information

Each unit of the Partnership was exchanged for 5.05544 Equity Class Shares, based on a net asset value per unit of $38.19367 for the Partnership and a net asset value per share of $7.55497 for each Equity Class Share.

The Equity Class Shares are redeemable at the discretion of the shareholder.

171.62% Return on Net At-Risk Capital

The return on “at-risk capital” was 171.62%, after-tax income tax savings(1)(2) and the breakdown on the investment was as follows:

	Initial Investment	$25.00
	2008 Income Tax Savings(1)	(10.94)
	At-Risk Capital	$14.06
	Final Net Asset Value per Rollover Unit	$38.19
	RETURN ON NET AT-RISK CAPITAL(2)	171.62%
(1)  Assumed marginal tax rate of 45% (2)  Does not include capital gains tax on disposition
Further Information For further information on the Jov Canadian Equity Class Mutual Fund or information on your fund account, contact JovFunds directly or refer to the Notice of Rollover, September 30, 2009 or the News Release, October 27, 2009. Telephone:            (416) 601-2500 Toll Free: (866) 514-6603 Email: info@jovfunds.com Web: www.jovfunds.com