Tree Island Wire Income Fund
TSX : TIL.UN

Tree Island Wire Income Fund

March 20, 2006 16:19 ET

Tree Island Wire Income Fund Announces Distribution

RICHMOND, BRITISH COLUMBIA--(CCNMatthews - March 20, 2006) - Tree Island Wire Income Fund (TSX:TIL.UN) announced today that a distribution of $2,739,800.00 ($0.125 per unit) will be paid on April 17, 2006 to unitholders of record on March 31, 2006. This distribution includes interest on the subordinated notes of Tree Island Industries Ltd. ("Tree Island") paid by Tree Island for the 31-day period ending March 31, 2006 and dividends paid by Tree Island.

The breakdown of this distribution will be $0.0852222 per unit of interest, $0.0301968 per unit of dividends and $0.0095810 per unit of return of capital.


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