Uranium Focused Energy Fund announces 2007 Distributions



    TORONTO, June 15 /CNW/ - Middlefield Group is pleased to announce that
quarterly distributions for the balance of 2007 will be payable to unitholders
of Uranium Focused Energy Fund as follows:

    
    -------------------------------------------------------------------------
                                                         Distribution per
    Record Date                Payable Date              Trust Unit
    -------------------------------------------------------------------------
    June 30, 2007              July 13, 2007             $0.125 per unit
    -------------------------------------------------------------------------
    September 30, 2007         October 15, 2007          $0.125 per unit
    -------------------------------------------------------------------------
    December 31, 2007          January 15, 2008          $0.125 per unit
    -------------------------------------------------------------------------

    The asset class weightings for the Investment Portfolio of the Fund as at
    May 31, 2007 were:

    -------------------------------------------------------------------------
    Asset Class                          Portfolio Weighting
    -------------------------------------------------------------------------
    Uranium                                      80%
    -------------------------------------------------------------------------
    Uranium Related Issuers                       7%
    -------------------------------------------------------------------------
    Other Energy Issuers                         12%
    -------------------------------------------------------------------------
    Cash                                          1%
    -------------------------------------------------------------------------
    

    The Fund, which closed on March 20, 2007, is designed to provide
unitholders with quarterly distributions as well as the potential for capital
appreciation by investing predominantly in securities of issuers that operate
in or have exposure to the uranium sector, supplemented with securities of
other energy related issuers. The Fund benefits from the investment management
experience of Middlefield Capital Corporation who acts as advisor in respect
of the investment portfolio.

    The trust units trade on the Toronto Stock Exchange under the symbol
    UF.UN.

    This press release contains forward-looking information. The
forward-looking information contained in this press release is based on
historical information concerning the distributions and dividends paid on the
securities of issuers historically included in the portfolio of Uranium
Focused Energy Fund. Actual future results, including the amount of
distributions paid by the Fund, may differ from the monthly distribution
amount. Specifically, the income from which distributions are paid may vary
significantly due to: changes in portfolio composition; changes in
distributions and dividends paid by issuers of securities included in the
Fund's portfolio from time to time; there being no assurance that those
issuers will pay distributions or dividends on their securities; the
declaration of distributions and dividends by issuers of securities included
in the portfolio will generally depend upon various factors, including the
financial condition of each issuer and general economic and stock market
conditions; and the uncertainty of realizing capital gains. The risks,
uncertainties and other factors that could influence actual results are
described under "Risk Factors" in the Fund's prospectus dated February 27,
2007 and other documents filed by the Fund with the Canadian securities
regulatory authorities. The forward-looking information contained in this
press release constitutes the Fund's current estimate, as of the date of this
press release, with respect to the matters covered hereby. Investors and
others should not assume that any forward-looking statement contained in this
press release represents the Fund's estimate as of any date other than the
date of this press release.





For further information:

For further information: please visit our website at www.middlefield.com
or contact Nancy Tham, Senior Vice President, (416) 847-5349

Organization Profile

URANIUM FOCUSED ENERGY FUND

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