Skylon Growth & Income Trust Announces Indicative Distribution For Next Twelve Months



    TSX Symbol: SKG.UN

    TORONTO, Feb. 15 /CNW/ - CI Investments Inc. as manager of Skylon Growth
& Income Trust (the "Trust") announces an indicative distribution for the
following twelve months of $0.70 per unit ($0.05833 per month). This is based
upon the prevailing market conditions and the Manager's estimate of
distributable cash flow for the year.
    The Trust's investment objectives are: (i) to provide unitholders with
monthly distributions; (ii) to endeavour to preserve capital throughout the
life of the Trust; and (iii) to enhance the long-term total return of the
Trust's portfolio.
    The Trust is listed on the Toronto Stock Exchange under the symbol
SKG.UN.





For further information:

For further information: CI Investments Inc., (416) 364-1145,
1-800-268-9374


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