Lawrence Payout Ratio Trust
TSX : LPU.UN

Lawrence Payout Ratio Trust

March 21, 2006 12:19 ET

Lawrence Payout Ratio Trust Declares Monthly Distribution

TORONTO, ONTARIO--(CCNMatthews - March 21, 2006) - The Manager of Lawrence Payout Ratio Trust ("LPRT") today announced the Trust's distribution to holders of Lawrence Payout Ratio Trust Units (TSX:LPU.UN). The monthly distribution on the trust units will be payable on or before April 17, 2006 to holders of record as of March 31, 2006.

Lawrence Payout Ratio Trust is a passively managed portfolio of the 40 Canadian income funds allocated among business and industrial funds, commodity based royalty trusts, real estate investment trusts and pipeline and power generation funds in accordance with specific sector weightings, that have the lowest estimated payout ratios within each such income fund sector, as determined by the manager. LPRT units are eligible as Canadian content. LPRT is managed by Lawrence Asset Management Inc.



Distribution Details

Distribution per Lawrence Payout
Ratio unit (TSX:LPU.UN): $0.0583
Ex-Dividend Date: March 29, 2006
Record Date: March 31, 2006
Payment Date: April 17, 2006



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