Tree Island Wire Income Fund
TSX : TIL.UN

Tree Island Wire Income Fund

March 20, 2007 16:44 ET

Tree Island Wire Income Fund Announces Distribution

RICHMOND, BRITISH COLUMBIA--(CCNMatthews - March 20, 2007) - Tree Island Wire Income Fund (TSX:TIL.UN) announced today that a distribution of $1,826,533.33 ($0.0833333 per unit) will be paid on April 16, 2007 to unitholders of record on March 30, 2007. This distribution consists of interest on the subordinated notes of Tree Island Industries Ltd. ("Tree Island") paid by Tree Island for the 31-day period ending March 31, 2007.

All of this distribution is taxable interest income.

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