Press Releases

Utility Split Trust Announces Preferred Security Upgrade

TORONTO, May 3, 2010 - Utility Split Trust (TSX: UST.PR.A, UST.UN) (the "Trust") announces that DBRS Limited has upgraded the rating on the Trust's Preferred Securities from Pfd-3 (high) to Pfd-2 (low).

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