Brascan SoundVest Diversified Income Fund
TSX : BSI.UN

Brascan SoundVest Diversified Income Fund
Brascan SoundVest Total Return Fund
TSX : BST.UN

Brascan SoundVest Total Return Fund
Brascan SoundVest Rising Distribution Split Trust
TSX : BSD.UN

Brascan SoundVest Rising Distribution Split Trust
BRASCAN SOUNDVEST FOCUSED BUSINESS TRUST
TSX : BSF.UN

BRASCAN SOUNDVEST FOCUSED BUSINESS TRUST

October 22, 2007 17:20 ET

Brascan SoundVest Funds Announce Distributions

TORONTO, ONTARIO--(Marketwire - Oct. 22, 2007) - Brascan SoundVest Funds today announced monthly distributions for the following funds:



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Fund Ticker Distribution Record Payable Annualized
(TSX) (per unit) Date Date Yield (at Oct.
19, 2007)
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Brascan
SoundVest
Diversified
Income October 31, November 15,
Fund BSI.UN $0.079 2007 2007 8.6%
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Brascan
SoundVest
Total October 31, November 15,
Return Fund BST.UN $0.0625 2007 2007 8.3%
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Brascan
SoundVest
Rising
Distribution October 31, November 15,
Split Trust BSD.UN $0.1167 2007 2007 17.7%
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Brascan
SoundVest
Focused
Business October 31, November 15,
Trust BSF.UN $0.065 2007 2007 9.6%
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Unitholders of Brascan SoundVest Diversified Income Fund may elect to automatically reinvest monthly distributions in additional units of the Fund through the Fund's Distribution Reinvestment Plan (the "Plan"). Participants in the Plan may also purchase additional units of the Fund for cash. The optional cash purchases require a minimum of $100 per payment. To enroll in the plan, please contact your investment advisor.

Brascan SoundVest Funds are dedicated to providing high-quality investment funds to retail investors. These funds bring together innovative structures with top tier investment advisors to give investors access to tax-advantaged distributions while focusing on capital preservation and long-term total return. The Funds are managed by a subsidiary of Brookfield Asset Management Inc. The investment advisor and portfolio manager for the Funds is SoundVest Capital Management Ltd. ("SoundVest"), which is 50% owned by Brookfield Asset Management Inc. SoundVest is an established investment advisor, providing investment management services to pension funds, trusts, foundations and high net worth individuals.

For further information please visit our website at www.brookfieldfunds.com.

This news release contains forward looking information. Actual future results may differ materially. The risks, uncertainties and other factors that could influence actual results are described in the Brascan SoundVest Funds prospectuses and other documents filed with regulatory authorities.

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