Tree Island Wire Income Fund
TSX : TIL.UN

Tree Island Wire Income Fund

December 13, 2006 16:12 ET

Tree Island Wire Income Fund Announces Distribution

RICHMOND, BRITISH COLUMBIA--(CCNMatthews - Dec. 13, 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 January 15, 2007 to unitholders of record on December 29, 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 December 31, 2006 and dividends paid by Tree Island.

The breakdown of this distribution will be $0.0678852 per unit of interest, $0.0301968 per unit of dividends and $0.0269180 per unit of return of capital.


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