Dimensional Fund Advisors Canada ULC Receives Approval for Fund Mergers and Other Changes

Dimensional also announced that it has received unitholder approval for the proposed changes to the investment objectives of the DFA U.S. Value Fund and DFA International Value Fund, and an increase of the management fee and maximum annual fees and expenses payable by the DFA International Value Fund. The proposed changes were approved by 99.4% and 99.0%, respectively, of the votes cast at the meetings.

The proposed mergers and changes will be effective on or about November 17, 2009, subject to regulatory approval. Dimensional intends to cease sales of units of the DFA U.S. Small Cap Fund and DFA International Small Cap Fund at the close of business on November 6, 2009.

As announced on September 18, 2009, on the effective date of the mergers, holders of Class A, F, and I units of the DFA U.S. Small Cap Fund will receive Class A, F, and I units of the DFA U.S. Value Fund, respectively, and holders of Class A, F, and I units of the DFA International Small Cap Fund will receive Class A, F, and I units of the DFA International Value Fund, respectively. Following the mergers, the DFA U.S. Small Cap Fund and DFA International Small Cap Fund will be wound up. Unitholders of the DFA U.S. Small Cap Fund and DFA International Small Cap Fund will have the right to redeem their units up to the close of business on the business day immediately preceding the effective date of the mergers. On the effective date, the DFA U.S. Value Fund will be renamed the DFA U.S. Vector Equity Fund and the DFA International Value Fund will be renamed the DFA International Vector Equity Fund.

Additional details regarding the mergers and the other changes are set out in Amendment No. 1 dated September 18, 2009 to the Simplified Prospectus of the funds dated June 24, 2009 and in the Notice of Special Meetings and Joint Management Information Circular dated September 21, 2009, available at www.sedar.com.