Canadian Resources Income Trust Declares Monthly Distribution

TORONTO, April 14 /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 $0.070 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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    April 30, 2010       May 14, 2010                   $0.070
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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 selected Canadian issuers focused on the natural resource 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