Premium Income Corporation Announces Quarterly Distribution

Premium Income Corporation (TSX:PIC.A)(TSX:PIC.PR.A) has declared quarterly
distributions payable on July 31, 2014 to shareholders of record on July 15,
2014, ex-dividend date of July 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