World Financial Split Corp. (the "Fund") (TSX:WFS)(TSX:WFS.PR.A) announces
results for the six months ended to June 30, 2007. Net realized income before
income taxes and distributions amounted to $20.9 million or $1.44 per unit. Net
assets were $22.16 per unit, net of distributions to Preferred shareholders in
the amount of $3.8 million or $0.26 per Preferred share and distributions to
Class A shareholders in the amount of $8.7 million or $0.60 per Class A share.
Each unit consists of one Preferred share and one Class A share.


The Fund is a mutual fund corporation which invests in a portfolio that includes
common equity securities selected from the ten largest financial services
companies by market capitalization in each of Canada, the United States and the
Rest of the World (the "Portfolio Universe"). The issuers of securities in the
Portfolio, other than Canadian issuers, must have a minimum credit rating of "A"
from Standard & Poor's Rating Services or a comparable rating from an equivalent
rating agency.


In addition, up to 20% of the Net Asset Value of the Fund may be invested in
common equity securities of financial services companies not included in the
Portfolio Universe as long as such companies have a market capitalization at the
time of investment of at least US$10 billion and for non-Canadian issuers, a
minimum credit rating of "A" from Standard & Poors Rating Services or a
comparable rating from an equivalent rating agency.


To generate additional returns above the dividend income earned on the
portfolio, the Fund may from time to time write covered call options in respect
of all or part of the common shares in the Portfolio. In addition, the Fund may
write cash covered put options in respect of securities in which the Fund is
permitted to invest.


The Fund's investment portfolio is managed by its investment manager, Mulvihill
Capital Management Inc. The Fund's Preferred and Class A shares are listed on
The Toronto Stock Exchange under the symbols WFS.PR.A and WFS.




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Selected Financial Information: ($ Millions)
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Statement of Financial Operations
For the period ended June 30, 2007
(Unaudited)

Revenue                                              $ 3.8
Net Realized Gains                                    19.9
                                                     -----
                                                     $23.7
Less:  Expenses                                       (2.8)
                                                     -----

Net Realized Income Before Distributions             $20.9
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