Energy Leaders Plus Income Fund announces a share repurchase program. Under the program, the company will repurchase up to 370,580 Class A units, representing 10% of the public float and 9.99% of the securities issued and outstanding. The shares will be purchased on the Toronto Stock Exchange. These purchases will be made in accordance with applicable regulations, and will be effected through the facilities of TSX. Class A units purchased will be cancelled. The purpose of the bid is to provide the fund with a mechanism to decrease the potential spread between the net asset value per unit and the market price of the Class A units, and to provide enhanced liquidity for the Class A units. The company will not purchase, in any given 30-day period, in total, more than 74,140 Class A units, being 2 per cent of the issued and outstanding Class A units. The program will commence on November 26, 2014 and will terminate on November 25, 2015, or on such date as the fund completes its purchase under the bid or on such date as the fund may otherwise determine. As of November 20, 2014, the fund has 3,707,000 Class A units issued and outstanding.

On January 8, 2014, the company amended the terms of its normal course issuer bid to purchase shares on other Canadian marketplaces, including alternative trading systems.