Triax Announces March, 2007 Distributions



    TORONTO, March 21 /CNW/ - Triax announces the following distributions for
the period ending March 31, 2007. In both cases, the distribution will be paid
on April 13, 2007 to unitholders of record on March 30, 2007.

    
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            Name           TSX       Confirmed   Distribution   Distribution
                          Symbol        Or          Amount         Amount
                                     Estimated    (per unit)     Annualized
    -------------------------------------------------------------------------
                                   MONTHLY
    -------------------------------------------------------------------------
    Triax Diversified
     High-Yield Trust(*)  TRH.UN     Confirmed       $0.07          $0.84
    -------------------------------------------------------------------------
                                  QUARTERLY
    -------------------------------------------------------------------------
    New Millennium
     Technology Trust     NMT.UN     Confirmed       $0.20          $0.80
    -------------------------------------------------------------------------
    (*) The Trust offers unitholders the opportunity to increase their
        holding of units through the convenience provided by its Distribution
        Reinvestment Plan. All distributions that are reinvested will be used
        to purchase additional units of the Trust. In order to take advantage
        of the Plan on the upcoming distribution, unitholders should contact
        their investment advisor as soon as possible.
    





For further information:

For further information: please call Triax at (416) 362-2929 or
1-800-407-0287, or visit www.triaxcapital.com

Organization Profile

TRIAX DIVERSIFIED HIGH-YIELD TRUST

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NEW MILLENNIUM TECHNOLOGY TRUST

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