Prime Dividend Corp. ("Prime Dividend") announces its annual financial results
for the year ending November 30, 2009.


The year ending November 30, 2009 was one of the most tumultuous periods in
financial market history. Against this backdrop, the market prices of the stocks
in the portfolio mirrored this activity reaching lows in early March but
recovering significantly by the end of November. The net asset value as at
November 30, 2009 ended $3.08 higher to $17.64 per unit over the prior year. The
complete financial statements are available at www.primedividend.com or
www.sedar.com.


Prime Dividend invests in a portfolio of high yielding Canadian Companies as
follows:




                        Investment                                         
       Banks            Management      Life Insurance   Utilities & Other 
                                                                           
  Bank of Montreal    AGF Management  Great-West Lifeco      BCE Inc.      
                           Ltd.              Inc.                          
 The Bank of Nova      CI Financial       Manulife        TransAlta Corp   
       Scotia          Income Fund     Financial Corp.                     
        CIBC          IGM Financial       Sun Life       TransCanada Corp  
                           Inc.         Financial Inc.                     
 National Bank of                                         Power Financial  
       Canada                                                  Corp.       
  Royal Bank of                                            TSX Group Inc.  
       Canada                                                              
 Toronto-Dominion                                                          
        Bank                                                               



 Selected Financial Information from the Statement of Financial  Operations:

 For the year ending November 30, 2009      



                                                       ($ Millions)
Income                                                     1.585   
Expenses                                                 (0.450)   
                                                       ------------
Net investment income                                      1.135   
Realized option premiums and gain (loss) on sale of                
investments                                               (2.639)  
Change in unrealized appreciation of investments          8.939    
                                                       ------------
Increase in net assets from operations before                      
distributions                                              7.435   



Comparative financial information is available in documents filed on www.sedar.com.
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