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, June 9 /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                                      June 17,  June 19,   June 30,
     Trust     FIG.PR.A  $0.15625      6.25%       2009      2009       2009
    Faircourt
     Split                                      June 17,  June 19,   June 30,
     Trust     FCS.PR.A  $0.14375      5.75%       2009      2009       2009

    (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 INCOME & GROWTH SPLIT TRUST

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Faircourt Asset Management Inc.

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