Press Releases

First Asset: Distribution Press Release

TORONTO, August 22, 2011 - First Asset announces the following distributions for the month ending August 31, 2011. In all cases, the distribution will be paid on or before September 15, 2011, to unitholders of record on August 31, 2011.


                                                                Distribution
                                                                      Amount
Name                                              TSX Symbol      (per unit)
                                                                            
First Asset Yield Opportunity Trust - Series A        FAY.UN    $     0.1458
First Asset Yield Opportunity Trust - Series B         FAY.U    $      0.044
First Asset REIT Income Fund                          RIT.UN    $       0.05
First Asset Pipes & Power Income Fund                 EWP.UN    $       0.03
Split REIT Opportunity Trust - Capital Units          SOT.UN    $      0.045
Utility Split Trust - Capital Units                   UST.UN    $       0.05
Triax Diversified High-Yield Trust                    TRH.UN    $       0.07
First Asset Canadian Dividend Opportunity Fund        DOF.UN    $       0.05

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