PRT Forest Regeneration Income Fund

PRT Forest Regeneration Income Fund

January 18, 2008 13:32 ET

PRT Announces January 2008 Distribution

VICTORIA, BRITISH COLUMBIA--(Marketwire - Jan. 18, 2008) - The PRT Forest Regeneration Income Fund (TSX:PRT.UN) announced today a cash distribution of $0.046 per unit for the month ending January 31, 2008. The distribution will be payable on February 15, 2008 to unitholders of record at the close of business on January 31, 2008. For Canadian income tax purposes, the distribution is comprised of taxable interest income of $0.043631 per unit and a return of capital of $0.002369 per unit.

This distribution reflects the change in distribution level previously announced by the Fund in its press release dated December 19, 2007.

About PRT

The PRT Forest Regeneration Income Fund, through its operating subsidiary, Pacific Regeneration Technologies Inc., is the largest producer of container grown forest seedlings in North America. PRT operates 15 nurseries and produces approximately 200 million seedlings annually. The Fund's units are listed for trading on the Toronto Stock Exchange under the symbol PRT.UN.

Contact Information

  • PRT Forest Regeneration Income Fund
    Robert Miller
    VP Finance/CFO
    1-866-553-8733 ext. 227