TORONTO, Dec. 13 /CNW/ - The Board of Directors of CaRIT Limited in its
capacity as Trustee for Canadian Resources Income Trust ("CaRIT" or the
"Trust") announces a special cash distribution of $0.032 per Trust Unit as a
result of distributions received in excess of forecast amount. This special
cash distribution will be payable with the previously declared monthly
distribution of $0.1025 per Unit as on January 15, 2008 to holders of record
at the close of business on December 31, 2007. Consequently, the December
distribution totals $0.1345 per Unit and the twelve month trailing
distribution totals $1.279 (2006 - $1.278) 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.
Trust Units of CaRIT are listed for trading on The Toronto Stock Exchange
under the symbol RTU.UN.
For further information:
For further information: Investor Relations, CaRIT Limited, Trustee of
Canadian Resources Income Trust, (416) 863-7144, E-mail:
email@example.com, Web site: www.scotiamanagedcompanies.com