Faircourt Asset Management Inc. Announces March 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, March 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
       Faircourt       Trading     Amount     Ex-Dividend   Record  Payable
         Funds         Symbol    (per unit/      Date        Date    Date
                                   share)
    -------------------------------------------------------------------------
    Faircourt Income
     & Growth Split                           March 27,   March 31, April 3,
     Trust             FIG.UN     $0.10630      2008        2008      2008

    Faircourt Split                           March 27,   March 31, April 3,
     Trust             FCS.UN     $0.09063     2008         2008      2008

    Faircourt Gold                            March 27,   March 31, April 14,
     Income Corp.      FGX        $0.04167     2008         2008      2008



                          Interest
                          Payment   Yield                           Interest
                 Trading    (per    per       Ex-Dividend  Record   Payable
      Trust      Symbol   security) annum (1)    Date       Date      Date
    -------------------------------------------------------------------------
    Faircourt
     Income &
     Growth                                   March 17,  March 19,  March 31,
     Split Trust FIG.PR.A $0.15625   6.25%      2008       2008       2008

    Faircourt                                 March 17,  March 19,  March 31,
     Split 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 Asset Management Inc.

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FAIRCOURT INCOME & GROWTH SPLIT TRUST

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