Canadian Resources Income Trust Declares Distributions

    TORONTO, Oct. 15 /CNW/ - The Board of Directors of CaRIT Limited in its
capacity as Trustee for Canadian Resources Income Trust ("CaRIT" or the
"Trust") announces monthly cash distributions for each record date in October
to December 2008 as follows:

    Record Date           Payment Date        Distribution Amount/Trust Unit
    October 31, 2008       November 14, 2008              $0.170
    November 28, 2008      December 15, 2008              $0.170
    December 31, 2008      January 15, 2009               $0.170

    Including these distributions, the twelve month trailing distribution
will total $1.722 (2007 -$1.279) per Unit.

    CaRIT is an investment trust which provides investors with high current
yield and low cost diversification through a fixed portfolio of Trust Units of
selected Canadian income funds focused primarily on the natural resources
    Unitholders are entitled to receive monthly distributions as declared by
the Trustee of CaRIT. The Trustee intends to declare and pay an equal monthly
distribution to the extent of forecasted distributions to be received for a
calendar quarter from the underlying income funds in CaRIT's portfolio, less
CaRIT's estimated operating expenses for the period. Any differences from the
forecast will be adjusted in the following quarter.

    Trust Units of CaRIT are listed for trading on The Toronto Stock Exchange
under the symbol RTU.UN.

    %SEDAR: 00002721E

For further information:

For further information: Investor Relations: CaRIT Limited, Trustee of
Canadian Resources Income Trust, (416) 863-7144, E-mail:, Web site:

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Canadian Resources Income Trust

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