Press Release

DBRS Places Kingsway Linked Return of Capital Trust Under Review with Negative Implications

Split Shares & Funds
February 10, 2009

DBRS has today placed its rating of the Preferred Units issued by Kingsway Linked Return of Capital Trust, rated at Pfd-3, Under Review with Negative Implications. This action is a result of DBRS placing the ratings of Kingsway Financial Services Inc. and affiliates (the Company) Under Review with Negative Implications on February 9, 2009. This rating action followed the Company’s pre-release of Q4 2008 results.

Notes:
The applicable methodology is Split Share Issuers: A Performance Overview, which can be found on our website under Methodologies.

This is a Structured Finance rating.

Ratings

  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating