Tree Island Wire Income Fund
TSX : TIL.UN

Tree Island Wire Income Fund

December 18, 2007 16:19 ET

Tree Island Wire Income Fund Announces Distribution

RICHMOND, BRITISH COLUMBIA--(Marketwire - Dec. 18, 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 January 15, 2008 to unitholders of record on December 31, 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 December 31, 2007.

The breakdown of this distribution will be $0.0721083 per unit of interest and $0.0112250 per unit return of capital.

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