Tree Island Wire Income Fund
TSX : TIL.UN

Tree Island Wire Income Fund

November 20, 2007 16:22 ET

Tree Island Wire Income Fund Announces Distribution

RICHMOND, BRITISH COLUMBIA--(Marketwire - Nov. 20, 2007) - Tree Island Wire Income Fund announced today that a distribution of $1,826,533.33 ($0.0833333 per unit) will be paid on December 14, 2007 to unitholders of record on November 30, 2007. This distribution consists of interest on the subordinated notes of Tree Island Industries Ltd. ("Tree Island") paid by Tree Island for the 30-day period ending November 30, 2007.

The breakdown of this distribution will be $0.0721977 per unit of interest and $0.0111356 per unit return of capital.

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