Faircourt Asset Management Inc. Announces 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, Sept. 10 /CNW/ - Faircourt Asset Management Inc., as Manager of
the Faircourt Funds, is pleased to announce the distributions of interest
payable on the Preferred Securities, of the following Funds:

    
                        Interest
                         Payment    Yield          Ex-              Interest
              Trading       (per      per     Dividend     Record    Payable
    Trust      Symbol   security)  annum(1)       Date       Date       Date
    -------------------------------------------------------------------------
    Faircourt
     Income &
     Growth
     Split
     Trust   FIG.PR.A   $0.15625    6.25%    September  September   September
                                              17, 2008   19, 2008    30, 2008
    Faircourt
     Split
     Trust   FCS.PR.A   $0.14375    5.75%    September  September   September
                                              17, 2008   19, 2008    30, 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.

    %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 and Portfolio Manager 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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