PRESS RELEASES

Mackenzie Master Limited Partnership announces estimate of distribution of partnership income
TORONTO ­– December 14, 2012 - Mackenzie Financial Corporation (Mackenzie Investments), part of IGM Financial Inc. (TSX: IGM), today announced that Mackenzie Master Limited Partnership (Stock Symbol MKZ-UN, CUSIP 554905109) has estimated a distribution of partnership income as follows:

Rate:                         $0.21 per unit*
Payable Date:          Friday, January 18, 2013
Record Date:           Monday, December 31, 2012
Period of income:    January 1, 2012 to December 31, 2012

*The final distribution will be released on January 11, 2013.

Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $60.6 billion in assets under management as at November 30, 2012, Mackenzie Investments distributes its investment services through multiple distribution channels to both retail and institutional investors. Mackenzie Investments is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's premier financial services companies with $119.1 billion in total assets under management as at November 30, 2012. For more information, visit mackenziefinancial.com.

For more information contact:

Stephen Lee
Director, Communications and Media Relations
Mackenzie Investments
416-967-2166
slee@mackenziefinancial.com