Press Releases

First Asset Pipes & Power Income Fund: Distribution Press Release

TORONTO, May 18, 2011 - First Asset Pipes & Power Income Fund (TSX: EWP.UN) announces a distribution of $0.03 per Unit for the month ending May 31, 2011. The distribution will be paid on or before June 15, 2011 to unitholders of record on May 31, 2011.

For further information, please contact Rob MacNiven, Investor Relations at 416-642-1289 or 1-877-642-1289 or visit www.firstasset.com.