Tree Island Wire Income Fund
TSX : TIL.UN

Tree Island Wire Income Fund

January 12, 2007 16:13 ET

Tree Island Wire Income Fund Announces Distribution

RICHMOND, BRITISH COLUMBIA--(CCNMatthews - Jan. 12, 2007) - Tree Island Wire Income Fund announced today that a distribution of $2,739,800.00 ($0.125 per unit) will be paid on February 15, 2007 to unitholders of record on January 31, 2007. This distribution includes interest on the subordinated notes of Tree Island Industries Ltd. ("Tree Island") paid by Tree Island for the 31-day period ending January 31, 2007 and dividends paid by Tree Island.

The breakdown of this distribution will be $0.0852222 per unit of interest, $0.0301968 per unit of dividends and $0.0095810 per unit of return of capital.

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