Communiqués de presse

First Asset Yield Opportunity Trust: Distribution Press Release

TORONTO, May 18, 2010 - First Asset Yield Opportunity Trust (TSX: FAY.UN and FAY.U) announces a distribution of $0.1458 per Series A Unit, and US$0.0440 per Series B Unit, for the month ending May 31, 2010. The distributions will be paid on or before June 15, 2010 to unitholders of record on May 31, 2010.

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