Ameristar RSP Income Trust
TSX : RSP.UN

Ameristar RSP Income Trust

May 19, 2006 14:19 ET

Merger Update And Monthly Distribution Declaration-AmeriStar RSP Income Trust

TORONTO, ONTARIO--(CCNMatthews - May 19, 2006) - AMERISTAR RSP INCOME TRUST ("AMERISTAR") is awaiting final regulatory approval from the Ontario Securities Commission to proceed with the merger with Income Financial Trust, which was approved by unitholders at the April 20, 2006 special meeting. The effective merger date is now expected to be in early June 2006 and will be based on the relative net asset value per unit of each Fund on the day preceding the effective merger date as per the merger plan.

As a result, AmeriStar has declared its regular variable monthly distribution of $0.08769 per unit, or 8.5% based on the April 28, 2006 net asset value of $12.38. Distributions are payable June 9, 2006 to shareholders on record as of May 31, 2006.



AmeriStar Distribution Details:

- Distribution per Unit: $0.08769

- Ex-Dividend Date: May 29, 2006

- Record Date: May 31, 2006

- Payable Date: June 9, 2006



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