American Income Trust

American Income Trust

March 18, 2005 09:00 ET

Monthly Distribution Declared-American Income


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: AMERICAN INCOME TRUST

TSX SYMBOL: USA.UN

MARCH 18, 2005 - 09:00 ET

Monthly Distribution Declared-American Income

TORONTO, ONTARIO--(CCNMatthews - March 18, 2005) - AMERICAN INCOME TRUST
("AMERICAN INCOME") (TSX:USA.un) declares its variable monthly
distribution of $0.07884 per unit, or 8.5% based on the February 28,
2005 net asset value of $11.13. Distributions are payable April 8, 2005
to shareholders on record as of March 31, 2005.

American Income unitholders have received a total of $9.73 per unit in
distributions since inception, inclusive of this distribution.

American Income invests in a diversified portfolio consisting mainly of
common shares issued by companies included in the S&P 500 Index.
Quadravest Capital Management actively manages American Income's
investment portfolio.

Quadravest Capital Management Inc. is focused on the creation and
management of enhanced yield products for retail investors. It's
management style combines active security selection with covered call
option writing. This strategy generates additional returns above
dividend and interest income earned in the portfolio. Quadravest is
dedicated to providing investors with products that offer both steady
income and capital preservation for the long term.



American Income Distribution Details:

- Distribution per Unit: $ 0.07884

- Ex-Dividend Date: March 29, 2005

- Record Date: March 31, 2005

- Payable Date: April 8, 2005



-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Quadravest Capital Management
    Wayne Finch
    Chairman & Chief Investment Officer
    (416) 304-4443
    or
    Quadravest Capital Management
    Laura Johnson
    Vice President
    (416) 304-4443
    or
    Quadravest Capital Management
    Peter Cruickshank
    Chief Financial Officer
    (416) 304-4443
    info@quadravest.com
    www.quadravest.com