Brascan SoundVest Diversified Income Fund
TSX : BSI.UN

Brascan SoundVest Diversified Income Fund
Brascan SoundVest Total Return Fund
TSX : BST.UN

Brascan SoundVest Total Return Fund
Brascan SoundVest Rising Distribution Split Trust
TSX : BSD.PR.A
TSX : BSD.UN

Brascan SoundVest Rising Distribution Split Trust
BRASCAN SOUNDVEST FOCUSED BUSINESS TRUST
TSX : BSF.UN

BRASCAN SOUNDVEST FOCUSED BUSINESS TRUST

August 17, 2007 16:35 ET

Brascan SoundVest Funds Announce Monthly and Quarterly Distributions

TORONTO, ONTARIO--(Marketwire - Aug. 17, 2007) - Brascan SoundVest Funds (the "Funds") today announced monthly distributions.

Brascan SoundVest Diversified Income Fund (TSX:BSI.UN)

Brascan SoundVest Diversified Income Fund today announced a distribution of $0.079 per trust unit will be payable on September 14, 2007 to unitholders of record on August 31, 2007.

Unitholders of Brascan SoundVest Diversified Income Fund may elect to automatically reinvest monthly distributions in additional units of the Fund through the Fund's Distribution Reinvestment Plan (the "Plan"). Participants in the Plan may also purchase additional units of the Fund for cash. The optional cash purchases require a minimum of $100 per payment. To enroll in the Plan, please contact your investment advisor.

Brascan SoundVest Total Return Fund (TSX:BST.UN)

Brascan SoundVest Total Return Fund today announced a distribution of $0.0625 per trust unit will be payable on September 14, 2007 to unitholders of record on August 31, 2007.

Brascan SoundVest Rising Distribution Split Trust (TSX:BSD.UN),(TSX:BSD.PR.A)

Brascan SoundVest Rising Distribution Split Trust today announced a distribution of $0.1167 per unit will be payable on September 14, 2007 to unitholders of record on August 31, 2007.

Brascan SoundVest Rising Distribution Split Trust is pleased to announce its quarterly distribution of $0.15 per Preferred Security will be payable on September 14, 2007 to securityholders of record on August 31, 2007.

Brascan SoundVest Focused Business Trust (TSX:BSF.UN)

Brascan SoundVest Focused Business Trust today announced a distribution of $0.065 will be payable on September 14, 2007 to unitholders of record on August 31, 2007.

Brascan SoundVest Funds are dedicated to providing high-quality investment funds to retail investors. These Funds bring together innovative structures with top tier investment advisors to give investors access to tax-advantaged distributions while focusing on capital preservation and long-term total return. The Funds are managed by a subsidiary of Brookfield Asset Management Inc. The investment advisor and portfolio manager for the Funds is SoundVest Capital Management Ltd. ("SoundVest"), which is 50% owned by Brookfield Asset Management Inc. SoundVest is an established investment advisor, providing investment management services to pension funds, trusts and foundations and high net worth individuals.

This news release contains forward looking information. Actual future results may differ materially. The risks, uncertainties and other factors that could influence actual results are described in the Brascan SoundVest Funds prospectuses and other documents filed with regulatory authorities.

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