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First Asset REIT Income Fund: Distribution Press Release

TORONTO, June 18, 2010 - First Asset REIT Income Fund (TSX: RIT.UN) announces a distribution of $0.05 per Unit for the month ending June 30, 2010. The distribution will be paid on or before July 15, 2010 to unitholders of record on June 30, 2010.

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