Press Releases

Payout Performers Income Fund and First Asset/BlackRock North American Dividend Achievers<sup>TM</sup> Trust Announce Completion of Merger

TORONTO, September 28, 2007 - Payout Performers Income Fund (TSX: PPF.UN) ("PPF") and First Asset/BlackRock North American Dividend AchieversTM Trust (TSX: BDA.UN) ("BDA") announce the completion of the merger of PPF into BDA. PPF's portfolio securities were converted into cash and transferred to BDA in exchange for units of BDA on the basis of the exchange ratio announced yesterday.

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

Dividend AchieversTM is a trademark of Mergent, Inc. and has been licensed for use by BDA. BDA is not sponsored, endorsed, sold or promoted by Mergent and Mergent makes no representation regarding the advisability of investing in BDA.