Canadian Resources Income Trust Declares Monthly Distribution



    TORONTO, June 14 /CNW/ - The Board of Directors of CaRIT Limited in its
capacity as Trustee for Canadian Resources Income Trust ("CaRIT" or the
"Trust") has declared a cash distribution of $0.0680 per Trust Unit, payable
on July 13, 2007 to holders of record at the close of business on June 29,
2007. Consequently, the new twelve month trailing distribution totals $1.2630
(2006 - $1.1945) per Unit.

    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.
    Historically, monthly distributions have been paid on a varying payout
schedule based on distributions received in the month from the underlying
income funds in CaRIT's portfolio, less CaRIT's estimated operating expenses
for the period. Commencing in July, the Trustee intends to declare and pay an
equal monthly distribution for each calendar quarter based on forecasted
distributions to be received in the quarter from the underlying income funds
in CaRIT's portfolio, less CaRIT's estimated operating expenses for the
period.
    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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