Charterhouse Preferred Share Index Corporation Declares

Quarterly Distribution 
TORONTO, Jan. 16 /CNW/ - Charterhouse Preferred Share Index Corporation (the 
"Company") is pleased to announce a return of capital distribution of $0.2042 
per PSI Preferred Share ("Share"). The distribution will be paid in cash on 
January 30, 2009 to holders of record at the close of business on January 28, 
2009. This distribution covers the Company's fiscal second quarter ending 
January 31, 2009 and equates to an annualized current yield of approximately 
5.10 % based on the closing price of the Shares of $16.03 on January 15, 2009. 
Distributions paid by the Company vary from quarter to quarter as a result of 
changes in the make up and weighting of the securities underlying the Index 
Portfolio, the actual income received from these securities and borrowing 
costs. The current distribution is $0.0154 per Share (or 7.0%) lower than the 
distribution last quarter. 
For further information: Kevin S. Beatson, Chief Executive Officer, 
kbeatson@jovfunds.com, Web site: www.jovfunds.com 
CO: CHARTERHOUSE PREFERRED SHARE INDEX CORPORATION
ST: Ontario
NI: FIN DIV
-0- Jan/16/2009 15:18 GMT