Canadian Resources Income Trust Declares Monthly Distribution

TORONTO, March 18 /CNW/ - The Board of Directors of CaRIT Limited in its capacity as Trustee for Canadian Resources Income Trust ("CaRIT" or the "Trust") has declared a cash distribution of $0.065 per Trust Unit.

Record and payment dates are as follows:

    
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    Record Date           Payment Date       Distribution Amount/Trust Unit
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    March 30, 2010        April 15, 2010                 $0.065
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Unitholders are entitled to receive monthly distributions as declared by the Trustee of CaRIT. The Trustee generally intends to declare and pay monthly distributions to the extent of forecasted distributions/dividends to be received for a calendar quarter from the underlying portfolio, less the estimated operating expenses for the period.

CaRIT is an investment trust which provides investors with high current yield and low cost diversification through a fixed portfolio of equity securities of income funds, corporations and other entities of selected Canadian issuers focused on the natural resources industry.

Trust Units of CaRIT are listed for trading on The Toronto Stock Exchange under the symbol RTU.UN.

%SEDAR: 00002721E

For further information: Investor Relations, CaRIT Limited, Trustee of Canadian Resources Income Trust, [phone], E-mail: [email protected], Web site: www.scotiamanagedcompanies.com