Tree Island Wire Income Fund

Tree Island Wire Income Fund

December 18, 2009 19:45 ET

Tree Island Announces Lifting of TSX De-Listing Review

VANCOUVER, BRITISH COLUMBIA--(Marketwire – Dec. 18, 2009) - Tree Island Wire Income Fund (the "Fund") (TSX:TIL.UN) announced that the Toronto Stock Exchange (the "TSX") has lifted the de-listing review previously announced in the Fund's news release of August 13, 2009. The TSX advised that it has completed its review and has determined that the Fund meets the TSX's continued listing requirements.

Fund Profile

The Fund was launched on November 12, 2002, with the completion of an Initial Public Offering. The Fund holds a 100% ownership interest in Tree Island Industries Ltd. (the "Company"). The Fund's performance depends entirely on the performance of the Company.

Tree Island Profile

Headquartered in Richmond, British Columbia, Tree Island Industries Ltd. produces wire products for a diverse range of construction, agricultural, manufacturing and industrial applications. Its products include bright wire, stainless steel wire and galvanized wire; a broad array of fasteners, including packaged, collated and bulk nails; stucco reinforcing products, engineered structural mesh, fencing and other fabricated wire products. The Company markets these products under the Tree Island and TI Imports brand names. The Company also owns and operates a Hong Kong-based trading company that provides internationally sourced products to the Company and its customers worldwide.

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