Mulvihill World Financial Split Corp. authorizes a Buyback Plan.

World Financial Split Corp. (the Fund) is a Canada-based mutual fund company. The Fund is a split share corporation, which invests in common equity securities selected from the ten largest financial services companies by market capitalization in each of Canada, the United States, and the rest of the world. The Fund’s investment objectives are to provide holders of preferred shares with fixed cumulative preferential quarterly cash distributions in the amount of $0.13125 per preferred share representing a yield on the issue price of the preferred shares of 5.25% per annum; to provide holders of Class A shares with regular quarterly cash distributions targeted to be 8.0% per annum; and to return the issue price to holders of both preferred shares and Class A shares at the time of redemption of such shares on the termination date. The Fund's investment manager is Mulvihill Capital Management Inc. (Mulvihill).