Faircourt Asset Management Inc. Announces 2008 Distributions for the Trust Units of Faircourt Income & Growth Split Trust



    /THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER
    UNITED STATES WIRE SERVICES/

    TORONTO, Nov. 30 /CNW/ - Faircourt Asset Management Inc., as Manager of
Faircourt Income & Growth Split Trust (TSX: FIG.UN) (the "Trust"), is pleased
to announce that the targeted regular monthly distribution for 2008 will be
$0.10630 per Trust Unit ($1.2756 per annum), representing an annualized yield
of 8.5% on the original subscription price of $15 per Trust Unit.

    Acuity Investment Management Inc. is the Investment Advisor for Faircourt
Income & Growth Split Trust.

    %SEDAR: 00021240E




For further information:

For further information: please visit www.faircourtassetmgt.com or
please contact: Charles Taerk, President and CEO, or Douglas Waterson, CFO, at
(416) 364-8989, or 1-800-831-0304

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FAIRCOURT INCOME & GROWTH SPLIT TRUST

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Faircourt Asset Management Inc.

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