Lawrence Payout Ratio Trust Declares Monthly Distribution



    TORONTO, June 19 /CNW/ - The Manager of Lawrence Payout Ratio Trust
("LPRT") today announced the Trust's distribution to holders of Lawrence
Payout Ratio Trust Units (TSX: LPU.UN). The monthly distribution on the trust
units will be payable on or before July 16, 2007 to holders of record as of
June 29, 2007.

    Lawrence Payout Ratio Trust is an actively managed portfolio of Canadian
income funds allocated among business and industrial funds, commodity based
royalty trusts, real estate investment trusts and pipeline and power
generation funds selected based on maintaining low estimated payout ratios and
other factors, as determined by the manager. LPRT units are RRSP eligible.
LPRT is managed by Lawrence Asset Management Inc.

    
    Distribution Details

    Distribution per Lawrence Payout Ratio unit
     (TSX: LPU.UN):                                                  $0.0583
    Ex-Dividend Date:                                          June 27, 2007
    Record Date:                                               June 29, 2007
    Payment Date:                                              July 16, 2007
    

    %SEDAR: 00021336E




For further information:

For further information: Investor Relations, Catherine Stretch, (416)
362-6283, info@lawvest.com, www.lawrenceasset.com

Organization Profile

LAWRENCE PAYOUT RATIO TRUST

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