Northwater Top 75 Income Trusts PLUS preliminary net asset value - February
28, 2010

TORONTO, March 5 /CNW/ - The Northwater Top 75 Income Trusts PLUS (the "Trust") announced today that the preliminary net asset value of the Trust per unit, as at February 28, 2010, is $0.10. The Trust is in the process of conferring with each of the Trust's third party service providers to finalize any outstanding and payable amounts and a final terminal distribution will be declared as soon as reasonably practicable upon the completion of this process at which time the Trust will be formally terminated.

For further information: For further information: Dan Mills at Northwater Capital Management Inc. at (416) 360-2101

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NORTHWATER TOP 75 INCOME TRUSTS PLUS

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