Faircourt Asset Management Inc. Announces June Distributions for the Trust Units and Shares and Quarterly Interest Payments on the Preferred Securities of the Faircourt Funds



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

    TORONTO, June 10 /CNW/ - Faircourt Asset Management Inc., as Manager of
the Faircourt Funds, is pleased to announce the monthly distributions payable
on the Trust Units and Shares, as well as the distributions of interest
payable on the Preferred Securities, of the following Funds:

    
                                 Distribution  Ex-
                        Trading  Amount (per   Dividend  Record    Payable
    Faircourt Funds     Symbol   unit/share)   Date      Date      Date
    -------------------------------------------------------------------------
    Faircourt Income
     & Growth Split                            June 26,  June 30,  July 3,
     Trust              FIG.UN   $0.10630      2008      2008      2008

    Faircourt Split                            June 26,  June 30,  July 3,
     Trust              FCS.UN   $0.09063      2008      2008      2008

    Faircourt Gold                             June 26,  June 30,  July 15,
     Income Corp.       FGX      $0.04167      2008      2008      2008



                         Interest      Yield     Ex-                 Interest
               Trading   Payment (per  per       Dividend  Record    Payable
    Trust      Symbol    security)     annum(1)  Date      Date      Date
    -------------------------------------------------------------------------
    Faircourt
     Income &
     Growth
     Split                                       June 17,  June 19,  June 30,
     Trust     FIG.PR.A  $0.15625      6.25%     2008      2008      2008

    Faircourt
     Split                                       June 17,  June 19,  June 30,
     Trust     FCS.PR.A  $0.14375      5.75%     2008      2008      2008

    (1) Per $10.00 principal amount.
    

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

    Faircourt Asset Management Inc. is the Investment Advisor for Faircourt
Split Trust and Faircourt Gold Income Corp.

    %SEDAR: 00021240E




For further information:

For further information: on the Faircourt Funds, 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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