SCITI ROCS Trust Declares Monthly Distributions



    TORONTO, Jan. 16 /CNW/ - The Board of Directors of SCITI ROCS Limited in
its capacity as Trustee for SCITI ROCS Trust (the "Trust") announces monthly
cash distributions of $0.0850 per Trust unit for each record date in January
to March 2008. Including these distributions, the twelve month trailing
distribution totals $0.9454 (2007 - $0.9881) per Unit.

    
    Record and payment dates are as follows:

    Record Date           Payment Date
    -----------           ------------
    January 31, 2008      February 15, 2008
    February 29, 2008     March 14, 2008
    March 31, 2008        April 15, 2008
    

    Unitholders are entitled to receive monthly distributions as declared by
the Trustee of SCITI ROCS Trust. The Trustee intends to declare and pay an
equal monthly distribution to the extent of forecasted distributions to be
received for a calendar quarter from the underlying income funds in the
portfolio, less the estimated operating expenses for the period. Any
differences from the forecast will be adjusted in the following quarter.
    The Trust is an investment trust which provides investors with
tax-efficient monthly distributions and low cost diversification through an
approximately equally weighted portfolio of income funds included in the
Scotia Capital Income Trust Index as adjusted to exclude any income fund
having a float capitalization of less than $200 million.
    Trust units of SCITI ROCS Trust are listed for trading on The Toronto
Stock Exchange under the symbol SCI.UN.

    %SEDAR: 00021988E




For further information:

For further information: Investor Relations: SCITI ROCS Limited, Trustee
of SCITI ROCS Trust, (416) 863-7251, E-mail: mc_scitirocs@scotiacapital.com,
Web site: www.scotiamanagedcompanies.com

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SCITI ROCS Trust

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