Communiqués de presse

Triax Announces March, 2007 Distributions

TORONTO, March 21 /CNW/ - Triax announces the following distributions for the period ending March 31, 2007. In both cases, the distribution will be paid on April 13, 2007 to unitholders of record on March 30, 2007.

Name TSX
Symbol
Confirmed
Or
Estimated
Distribution
Amount
(per unit)
Distribution
Amount
Annualized
MONTHLY
Triax Diversified High Yield Trust* TRH.UN Confirmed $0.07 $0.84
QUARTERLY
New Millennium Technology Trust NMT.UN Confirmed $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