/THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER
UNITED STATES WIRE SERVICES/
TORONTO, July 3 /CNW/ - Faircourt Asset Management Inc., the Manager of
Faircourt Income & Growth Split Trust (TSX: FIG.UN), announces today that
Unitholders who tendered their Trust Units for redemption on May 31, 2008 will
be entitled to receive $14.5520 per Trust Unit, which is equal to the Net
Asset Value per Trust Unit calculated using a three day volume weighted
average price for exchange-traded securities held by the Trust, determined as
of June 30, 2008 less costs of funding the redemption, including commissions.
Payment will be made on July 22, 2008.
For further information:
For further information: on the Faircourt Funds, please visit
www.faircourtassetmgt.com or please contact: Charles Taerk, President and CEO,
or Douglas Waterson, CFO, at (416) 364-8989 or 1-800-831-0304