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, March 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                         Interest
                Trading      (per       per  Ex-Dividend    Record   Payable
    Trust        Symbol  security)  annum(1)        Date      Date      Date
    -------------------------------------------------------------------------
    Faircourt
     Income &
     Growth
     Split                                      March 18, March 22, March 31,
     Trust     FIG.PR.A  $0.15625     6.25%         2010      2010      2010

    Faircourt
     Split                                      March 18, March 22, March 31,
     Trust     FCS.PR.A  $0.14375     5.75%         2010      2010      2010

    (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

SOURCE Faircourt Asset Management Inc.

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

Organization Profile

Faircourt Asset Management Inc.

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FAIRCOURT INCOME & GROWTH SPLIT TRUST

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