Press Releases

First Asset Yield Opportunity Trust Announces Distribution

May 19, 2004 - First Asset Yield Opportunity Trust (TSX: FAY.UN) announces a distribution for the month ending May 31, 2004 of $0.1458 per unit. The distribution will be paid on June 15, 2004 to unitholders of record on May 31, 2004.

For further information, please call Tanya Carey at First Asset Funds Inc. at (416) 642-1289 or 1-877-642-1289.