Communiqués de presse

First Asset Distribution Press Release

By Marketwired 19 avril 2012

TORONTO, April 19, 2012 - First Asset announces the following distributions for the month ending April 30, 2012. In all cases, the distribution will be paid on or before May 15, 2012, to holders of record on April 30, 2012.


----------------------------------------------------------------------------
                                                                Distribution
                                                          TSX         Amount
Name                                                   Symbol     (per unit)
----------------------------------------------------------------------------
First Asset Yield Opportunity Trust - Series A         FAY.UN $       0.1458
----------------------------------------------------------------------------
First Asset Yield Opportunity Trust - Series B          FAY.U $  0.044 (USD)
----------------------------------------------------------------------------
First Asset REIT Income Fund                           RIT.UN $         0.05
----------------------------------------------------------------------------
First Asset Pipes & Power Income Fund                  EWP.UN $         0.03
----------------------------------------------------------------------------
Utility Split Trust - Capital Units                    UST.UN $         0.05
----------------------------------------------------------------------------
Triax Diversified High-Yield Trust                     TRH.UN $         0.07
----------------------------------------------------------------------------
First Asset Canadian Dividend Opportunity Fund II      DVF.UN $      0.04167
----------------------------------------------------------------------------

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