KBSH LEADERS TRUST - Declares Monthly Distribution Toronto, July 4th, 2005: KBSH Leaders Trust (KLT.UN), an investment trust trading on The Toronto Stock Exchange, announced today that it will make a monthly distribution of $0.14083 per unit, payable on July 29th, 2005, to all unitholders of record as of July15th, 2005 (ex-dividend date July 13th, 2005). The distribution represents an annualized rate of approximately 10% of the current net asset value of the trust. For further information contact: Peter Pennal Chief Executive Officer KBSH Capital Management Inc. Telephone: (416) 863-1433