Communiqués de presse

First Asset Income & Growth Fund: Press Release

TORONTO, March 20, 2009 - First Asset Income & Growth Fund (TSX: IGF.UN) announces a distribution of $0.0167 per Unit for the month ending March 31, 2009. The distribution will be paid on or before April 15, 2009 to unitholders of record on March 31, 2009.

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