Fording Canadian Coal Trust

Fording Canadian Coal Trust

April 07, 2005 23:59 ET

Fording Files Management Information Circular Including Proposed

Interim Order Obtained for Special Meeting of Unitholders

CALGARY--(CCNMatthews - April 7) - Fording Canadian Coal Trust (TSX:
FDG.UN, NYSE: FDG) today announced that it has filed its Notice of
Annual and Special Meeting and Management Information Circular with
Canadian securities regulators and the United States Securities and
Exchange Commission. In addition, Fording has received an Interim Order
approving the right of unitholders to consider the proposed arrangement
involving Fording and its unitholders. Fording has begun mailing the
Notice of Annual and Special Meeting and Management Information
Circular to its unitholders.

The Notice of Annual and Special Meeting and Management Information
Circular have been prepared in connection with the Annual and Special
Meeting of unitholders to be held at 11:00 a.m. (MST) on Wednesday, May
4, 2005 in the Alberta Room of The Fairmont Palliser Hotel in Calgary,
Alberta. At the meeting, unitholders will be asked to approve an
arrangement involving the Trust and its wholly owned subsidiary,
Fording Inc., resulting in a flow-through structure that would
effectively see distributions from the Elk Valley Coal Partnership
taxed at the unitholder level.

A copy of the Notice of Annual and Special Meeting, the Management
Information Circular and the related Interim Order of the Alberta Court
of Queen's Bench are available at, and the
Trust's website at

About Fording

Fording Canadian Coal Trust is an open-ended mutual fund trust. Through
investments in metallurgical coal and industrial minerals mining and
processing operations, the Trust makes quarterly cash distributions to
unitholders. The Trust, through its wholly owned subsidiary, Fording
Inc., holds a 60% interest in the Elk Valley Coal Partnership and is
the world's largest producer of the industrial mineral wollastonite.
Elk Valley Coal Partnership, comprised of Canada's senior metallurgical
coal mining properties, is the world's second largest exporter of
metallurgical coal, and expects to supply over 27 million tonnes of
high-quality coal products to the international steel industry in 2005.
The Trust's shares are traded on the Toronto Stock Exchange under the
ticker symbol FDG.UN and on the New York Stock Exchange under the
symbol FDG.

Forward-looking Information

Certain information included in this document is of a forward-looking
nature. Forward-looking information is subject to known and unknown
risks, as well as uncertainties and other factors. Accordingly, actual
results may differ materially from those expressed or implied in
forward-looking information. Some of the risks, uncertainties and other
factors affecting Fording Canadian Coal Trust are discussed in our
public filings with the securities regulatory authorities in Canada and
the United States. Copies of Fording Canadian Coal Trust's Canadian
filings, including our most recent management information circular,
annual information form, annual report, quarterly reports, material
change reports and news releases, are available online at, and copies of our U.S. filings, including our most
recent annual report on Form 40-F as supplemented by filings on Form 6-
K, are available at Information in this document is
presented as of April 7, 2005 and is subject to change after this date.
However, Fording Canadian Coal Trust disclaims any intention or
obligation to update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.

Contact Information

  • Susan J. Soprovich
    Director, Investor Relations
    (403) 260-9834
    Catherine Hart
    Coordinator, Investor Relations
    (403) 260-9817