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First Asset PowerGen Trust I and First Asset PowerGen Trust III Announce Name Changes

TORONTO, ONTARIO--(CCNMatthews - March 14, 2007) - First Asset PowerGen Trust I (TSX:PFA.UN) and First Asset PowerGen Trust III (TSX:PGT.UN) announce the following name changes:

  • "First Asset PowerGen Trust I" has changed its name to "FA Power Fund", and
  • "First Asset PowerGen Trust III" has changed its name to "First Asset PowerGen Fund".

The similarity in the original names of the two trusts has created confusion in the market place and the trustee has determined that a name change is required to clear up that confusion. The trusts will continue to trade under the same ticker symbols.

For further information, please contact Rob MacNiven, Investor Relations, First Asset Funds Inc. at 416-642-1289 or 1-877-642-1289, or visit www.firstassetfunds.com.