Tremont Capital Opportunity Trust



    TORONTO, March 20 /CNW/ - A special meeting of the unitholders of Tremont
Capital Opportunity Trust (TSX: TT.UN), an Ontario trust with assets of
approximately C$10.5 million as at January 31, 2007, called by Tremont's
Canadian affiliate, Tremont Capital Management, Corp., the trustee and manager
of the Trust, was held yesterday to consider, among other things, the
trustee's proposal for early termination of the Trust, as described in the
Management Information Circular dated February 16, 2007. As a quorum was not
present at the special meeting, the meeting was adjourned to March 29, 2007,
at the offices of McMillan Binch Mendelsohn LLP, BCE Place, Suite 4400, Bay
Wellington Tower, 181 Bay Street, Toronto, Ontario, M5J 2T3, at 2:00 p.m.
(Toronto time). Tremont Capital Management, Corp. is the Toronto-based
affiliate of Tremont Group Holdings, Inc., which manages US$5.9 billion in
hedge fund of fund assets worldwide.

    Tremont Capital Management, Corp. is the Canadian subsidiary of Tremont
Group Holdings, Inc. Formed in 1998, Tremont Capital Management, Corp.
provides fund of hedge fund investment management and advisory services to the
Canadian marketplace.





For further information:

For further information: Tremont Capital Management, Corp., 141 Adelaide
Street West, Suite 1661, Toronto, ON, M5H 3L5, (416) 360 -3395,
info@tremont.ca

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