Uranium Focused Energy Fund announces 2008 Distributions



    TORONTO, Nov. 6 /CNW/ - Middlefield Group is pleased to announce that
quarterly distributions for 2008 will be payable to unitholders of Uranium
Focused Energy Fund as follows:

    
    Record Date            Payable Date         Distribution per Trust Unit
    -----------------------------------------------------------------------
    March 31, 2008         April 15, 2008             $0.125 per unit
    -----------------------------------------------------------------------
    June 30, 2008          July 15, 2008              $0.125 per unit
    -----------------------------------------------------------------------
    September 30, 2008     October 15, 2008           $0.125 per unit
    -----------------------------------------------------------------------
    December 31, 2008      January 15, 2009           $0.125 per unit
    -----------------------------------------------------------------------

    The asset class weightings for the Investment Portfolio of the Fund as at
October 26, 2007 were:

    -----------------------------------------------------------------------
    Asset Class                                Portfolio Weighting
    -----------------------------------------------------------------------
    Uranium Related Securities                         94%
    -----------------------------------------------------------------------
        Uranium Companies                              88%
    -----------------------------------------------------------------------
        Uranium Related Issuers                         6%
    -----------------------------------------------------------------------
    Energy Related Securities                           2%
    -----------------------------------------------------------------------
    Cash                                                4%
    -----------------------------------------------------------------------
    

    The Fund is designed to provide unitholders with quarterly distributions
as well as the potential for capital appreciation. The Portfolio is primarily
focused on the securities of issuers that operate in or have exposure to the
uranium sector. The Fund also has the ability to invest in the securities of
other energy related issuers that operate in or have exposure to the energy
sector. The Portfolio is focused on securities which, in the view of the
advisor, Middlefield Capital Corporation, are of high quality issuers that
exhibit strong fundamentals and, in the case of issuers of Uranium Related
Securities, offer the potential to benefit from the favourable supply-demand
fundamentals in the uranium sector.
    The units of the Fund 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 performance of Uranium Focused Energy
Fund (the "Fund") and its portfolio. Actual future results, including the
amount of distributions paid by the Fund, may differ significantly from the
quarterly distribution amounts indicated in this press release due to, among
other things: changes in portfolio composition; the performance (financial or
otherwise) of the portfolio and of the issuers whose securities are included
therein; 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 the undersigned: Nancy Tham, Senior Vice President, (416) 847-5349

Organization Profile

URANIUM FOCUSED ENERGY FUND

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