| New York, September 22, 2006 -
The American Stock Exchange (Amex) announced today that it has begun trading the units of Central Gold-Trust under the ticker symbol "GTU". The Trust began trading on the Toronto Stock Exchange in 2003 under the ticker symbols "GTU.UN" (denominated in Canadian dollars) and "GTU.U" (denominated in US dollars) and is now dually listed on the Amex.
Central Gold-Trust invests substantially all of its assets in unencumbered and allocated international bars of gold bullion, with the primary investment objective of achieving long-term appreciation in the value of its gold holdings. The gold is physically stored in segregated and insured bank treasury vaults located in Canada. As of August 23, 2006, Central Gold-Trust has a total of $78.5 million in assets of which 98.3 % is gold bullion.
"We are pleased to welcome Central Gold-Trust to the Amex," said Tom Rzepski, Vice President of the Amex's closed-end fund business. "The Amex looks forward to a long and collaborative relationship with Central Gold-Trust as we continue to provide investors with a variety of innovative investment opportunities."
"We are pleased to bring a second precious metals investment listing to the American Stock Exchange," said Stefan Spicer, President and CEO of Central Gold-Trust. "The Trust has achieved this significant milestone to broaden its market ability and will continue to soundly steward the assets entrusted to it by investors."
Central Gold-Trust joins its sister company, Central Fund of Canada Limited, ticker symbol "CEF," which has been listed on Amex since 1986 and invests primarily in gold and silver bullion. As of August 23, 2006, Central Fund of Canada Limited has a total of $866 million in assets.
Central Gold-Trust has selected Brendan E. Cryan and Company LLC as the specialist for the Trust, who is also the specialist for the Central Fund of Canada Limited.
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