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TD Split Inc. Announces Quarterly Dividendson Class C Preferred Sharesand Increases Class C Capital Share Dividend

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TORONTO, ONTARIO--(Marketwire - April 8, 2011) - TD Split Inc. (the "Company") (TSX:TDS.C)(TSX:TDS.PR.C) announced today that it has declared a quarterly dividend of $0.11875 per Class C Preferred Share. In addition a quarterly dividend on its Class C Capital Shares was declared of $0.075 per Class C Capital Share, representing an increase of $0.02 per Class C Capital Share. The dividends on both the Class C Preferred Shares and Class C Capital Shares are payable on May 13, 2011 to holders of record on April 29, 2011.

The Company was established to generate dividend income for the Class C Preferred Shares while providing holders of the Class C Capital Shares with a leveraged opportunity to participate in capital appreciation from a portfolio of common shares of The Toronto-Dominion Bank. Information concerning TD Split Inc. is available on our website at [ www.tdsponsoredcompanies.com ].

The Class C Capital Shares and Class C Preferred Shares of TD Split are listed on the Toronto Stock Exchange under the symbols TDS.C and TDS.PR.C respectively.