Sterling Leaf Income Trust

Sterling Leaf Income Trust

June 03, 2005 16:52 ET

Sterling Reports First Quarter Results

CALGARY, ALBERTA--(CCNMatthews - June 3, 2005) - Sterling Leaf Income Trust ("Sterling")(TSX VENTURE:SLM.UN) today announced its financial results for the first quarter ended March 31, 2005.

Revenues for the three months ended March 31, 2005 were $1,135,943. The net earnings for the quarter were $ 98,218.

Revenues for the three months ended March 31, 2004 were $51,175. Net loss for the quarter ended March 31, 2004 was $30,790.

The cash distribution of $0.071 per unit is payable on June 15, 2005 to all holders of units of record on May 31, 2005.

Units of the Income trust are listed on the TSX Venture Exchange under the stock symbol "SLM".

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Sterling Leaf Income Services Ltd.
    Paul D'Andrea
    (514) 762-2500
    (514) 762-6535 (FAX)