Canadian Resources Income Trust Declares Distributions



    TORONTO, Oct. 15 /CNW/ - The Board of Directors of CaRIT Limited in its
capacity as Trustee for Canadian Resources Income Trust ("CaRIT" or the
"Trust") announces monthly cash distributions of $0.1025 per Trust Unit for
each record date in October to December 2007. Including these distributions,
the twelve month trailing distribution will total $1.2470 (2006 - $1.2780) per
Unit. Record and payment dates are as follows:

    
    Record Date         Payment Date
    -----------         ------------
    October 31, 2007    November 15, 2007
    November 30, 2007   December 14, 2007
    December 31, 2007   January 15, 2008
    

    CaRIT is an investment trust which provides investors with high current
yield and low cost diversification through a fixed portfolio of Trust Units of
selected Canadian income funds focused primarily on the natural resources
industry.
    Unitholders are entitled to receive monthly distributions as declared by
the Trustee of CaRIT. The Trustee intends to declare and pay an equal monthly
distribution to the extent of forecasted distributions to be received for a
calendar quarter from the underlying income funds in CaRIT's portfolio, less
CaRIT's estimated operating expenses for the period. Any differences from the
forecast will be adjusted in the following quarter.
    Trust Units of CaRIT are listed for trading on The Toronto Stock Exchange
under the symbol RTU.UN.

    %SEDAR: 00002721E




For further information:

For further information: Investor Relations, CaRIT Limited, Trustee of
Canadian Resources Income Trust, (416) 863-7144, E-mail:
mc_carit@scotiacapital.com, Web site: www.scotiamanagedcompanies.com

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Canadian Resources Income Trust

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