FTU US Financial 15 Split Corp

US Financial 15 Split Corp. ("US Financial 15") announces its semi-annual
financial results for the six months ending May 31, 2009.


The six month period ending May 31, 2009 was one of the most tumultuous periods
in financial market history. Against this backdrop, the market prices of the
financial services stocks in the portfolio mirrored this activity reaching lows
in early March but recovering significantly by the end of May. Despite the
impressive rebound from the March lows, the S&P 500 Financial Index still
remained 67% below the 2007 highs as at May 31, 2009. The net asset value of US
Financial 15 as at May 31 ended $1.16 lower to $5.78 per unit over the six month
period. On February 18, 2009, the Company announced that it was suspending its
regular monthly dividends on the Preferred shares in order to preserve cash and
to assist in rebuilding the net asset value in an attempt to achieve longer term
objectives. Since the dividends on the Preferred shares are cumulative, the
February, March, April and May suspended dividends (and all subsequent dividends
not paid) will be accrued to the benefit of the Preferred shareholders and are
recorded as a liability in the Company's net asset value.


US Financial 15 invests in a portfolio consisting of U.S. financial services
companies primarily, including the following: American Express, Bank of America,
Bank of New York Mellon, Citigroup, CME Group, Fifth Third Bancorp, The Goldman
Sachs Group, JPMorgan Chase, Morgan Stanley, PNC Bank, Regions Financial, State
Street Corp., SunTrust Banks, U.S. Bancorp and Wells Fargo.




Selected Financial Information from the Statement of Financial Operations:
For the year ending May 31, 2009
                                                                ($ Millions)
Income                                                                0.318
Expenses                                                             (0.215)
                                                                ------------
Net investment income                                                 0.103
Realized option premiums and gain (loss) on sale of investments     (12.173)
Change in unrealized appreciation of investments                      6.493
                                                                ------------
Decrease in net assets from operations before distributions          (5.577)



Comparative financial information is available in documents filed on www.sedar.com.

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