Press Releases

Triax Announces December, 2006 Estimated Distributions

TORONTO, Dec. 18 /CNW/ - Triax announces the following estimated distributions for the year ending December 31, 2006. In all cases, the distribution will be paid on or before January 15, 2007 to unitholders of record on December 29, 2006.

NameTSX Trading SymbolConfirmed or EstimatedDistribution Amount (per unit)Distribution Amount Annualized
MONTHLY
Triax Diversified High-Yield Trust *TRH.UNEstimated$0.07$0.84
QUARTERLY
New Millennium Technology TrustNMT.UNEstimated$0.20$0.80

* The Trust offers unitholders the opportunity to increase their holding of units through the convenience provided by its Distribution Reinvestment Plan. All distributions that are reinvested will be used to purchase additional units of the Trust. In order to take advantage of the Plan on the upcoming distribution, unitholders should contact their investment advisor as soon as possible.

For further information: please call Triax at (416) 362-2929 or 1-800-407-0287, or visit www.triaxcapital.com