SCEPTRE INCOME & GROWTH TRUST

SCEPTRE INCOME & GROWTH TRUST
SCEPTRE INCOME & HIGH GROWTH TRUST

SCEPTRE INCOME & HIGH GROWTH TRUST

March 21, 2005 16:20 ET

Sceptre Fund Management Inc. as Manager of Sceptre Income & Growth Trust and Sceptre Income & High Growth Trust-Regular Monthly Distributions Declared


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: SCEPTRE INCOME & GROWTH TRUST

TSX SYMBOL: SZG.UN

AND SCEPTRE INCOME & HIGH GROWTH TRUST

TSX SYMBOL: SZH.UN

MARCH 21, 2005 - 16:20 ET

Sceptre Fund Management Inc. as Manager of Sceptre
Income & Growth Trust and Sceptre Income & High Growth
Trust-Regular Monthly Distributions Declared

TORONTO, ONTARIO--(CCNMatthews - March 21, 2005) - SCEPTRE INCOME &
GROWTH TRUST (TSX:SZG.UN) and SCEPTRE INCOME & HIGH GROWTH TRUST
(TSX:SZH.UN) declare their regular monthly distributions of $0.0583 per
unit ($0.70 annually). The distributions are payable on April 21, 2005
to shareholders on record as at March 31, 2005.

Sceptre Income & Growth Trust unitholders have received a total of
$0.6413 per unit in distributions since inception, inclusive of this
distribution.

Sceptre Income & High Growth Trust unitholders have received a total of
$0.1749 per unit in distributions since inception, inclusive of this
distribution.



Sceptre Income & Sceptre Income &
Growth Trust High Growth Trust
------------ -----------------

Regular Distribution per Unit: $ 0.0583 $ 0.0583
Ex- Distribution Date: March 29, 2005 March 29, 2005
Record Date: March 31, 2005 March 31, 2005
Payable Date: April 21, 2005 April 21, 2005


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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Sceptre Fund Management Inc.
    Richard L. Knowles
    President and Chief Executive Officer
    (416) 866-2380