Premium Income Corporation Announces Quarterly Distribution

(TSX:PIC.A)(TSX:PIC.PR.A) - Premium Income Corporation has declared quarterly
distributions payable on April 30, 2014 to shareholders of record on April 15,
2014, ex-dividend date of April 11, 2014, in the following amounts per share:




Share Class                                 Ticker         Amount Per Share 
----------------------------------------------------------------------------
Class A Shares                              PIC.A          $0.20319         
Preferred Shares                            PIC.PR.A       $0.215625        



To the extent that any portion of the distributions are ordinary taxable
dividends and not capital gains dividends, they will be eligible dividends.


For further information, please contact Investor Relations at 416.681.3966, toll
free at 1.800.725.7172 or visit www.strathbridge.com


Commissions, trailing commissions, management fees and expenses all may be
associated with investment funds. Please read the prospectus before investing.
Investment funds are not guaranteed, their values change frequently and past
performance may not be repeated.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Strathbridge Asset Management Inc.
Aaron Ho
Vice-President, Finance
416.681.3966; 1.800.725.7172


Strathbridge Asset Management Inc.
121 King Street West, Suite 2600
Toronto, Ontario, M5H 3T9
416.681.3966; 1.800.725.7172
[e-mail]
www.strathbridge.com