TORONTO, April 17 /CNW/ - The Board of Directors of SCITI ROCS Limited in
its capacity as Trustee for SCITI ROCS Trust (the "Trust") has declared a cash
distribution of $0.0875 per Trust unit, payable on May 15, 2007 to holders of
record at the close of business on April 30, 2007. Consequently, the twelve
month trailing distribution totals $0.9856 per Unit.
Unitholders are entitled to receive monthly distributions as declared by
the Trustee of the Trust. The Trustee generally intends to declare and pay
monthly distributions in the amount equivalent to distributions received in
the month from the underlying income funds in the portfolio, less the
estimated operating expenses for the period. As distributions are received
from the underlying income funds in the portfolio on a varying payout
schedule, amounts distributed by the Trust will fluctuate from month to month.
The Trust is an investment trust which provides investors with
tax-efficient monthly distributions and low cost diversification through an
approximately equally weighted portfolio of income funds included in the
Scotia Capital Income Trust Index as adjusted to exclude any income fund
having a float capitalization of less than $200 million.
Trust units of SCITI ROCS Trust are listed for trading on The Toronto
Stock Exchange under the symbol SCI.UN.
For further information:
For further information: Investor Relations, SCITI ROCS Limited, Trustee
of SCITI ROCS Trust, (416) 863-7251, E-mail: firstname.lastname@example.org,
Web site: www.scotiamanagedcompanies.com