Unitholders Approve Changes to Declaration of Trust



    MYT.UN

    TORONTO, June 4 /CNW/ - MACCs Sustainable Yield Trust (the "Trust")
announced today that, at a special meeting, unitholders of the Trust approved
certain amendments to the declaration of trust including:

    
    1)  Investment Objectives and Strategy. To broaden the scope of the
        Investment Objectives and Investment Strategy so that the Trust
        assets can be invested in income securities in addition to Income
        Funds;

    2)  Independent Review Committee. To update the Declaration of Trust to
        expressly provide for an Independent Review Committee as required
        under National Instrument 81-107 - Independent Review Committee for
        Investment Funds;

    3)  To Permit the Trust to Complete Mergers Without a Special Meeting. To
        remove the requirement for Unitholders to approve by Extraordinary
        Resolution a reorganization with, or acquisition of assets of,
        another fund where the Trust continues after such transaction, in
        order to reduce transaction costs and allow the Trust to act in a
        more timely manner;

    4)  Increase the Flexibility of the Board of Directors of the Trustee. To
        enable the board of directors of the Trustee to make additional
        amendments to the Declaration of Trust as circumstances dictate; and

    5)  To make certain other amendments consequential to the foregoing.
    

    %SEDAR: 00021542E




For further information:

For further information: Crown Hill Capital Corporation, Tel: (416)
361-1212

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MACCS SUSTAINABLE YIELD TRUST

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