Tree Island Wire Income Fund
TSX : TIL.UN

Tree Island Wire Income Fund

January 21, 2008 20:53 ET

Tree Island Wire Income Fund Announces Distribution

RICHMOND, BRITISH COLUMBIA--(Marketwire - Jan. 21, 2008) - Tree Island Wire Income Fund (TSX:TIL.UN) announced today that a distribution of $1,826,533.33 ($0.0833333 per unit) will be paid on February 15, 2008 to unitholders of record on January 31, 2008. This distribution consists of interest on the subordinated notes of Tree Island Industries Ltd. ("Tree Island") paid by Tree Island for the 31-day period ending January 31, 2008.

All of this distribution is taxable interest income.

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