Faircourt Asset Management Inc. Announces April Distributions for the Trust
Units and Shares of the Faircourt Funds

/THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES./

TORONTO, April 20 /CNW/ - Faircourt Asset Management Inc., as Manager of the Faircourt Funds, is pleased to announce the monthly distributions payable on the Trust Units and Shares of the following Funds:

    
                                Distribution
                        Trading  Amount (per  Ex-Dividend  Record    Payable
    Faircourt Funds     Symbol   share/unit)     Date       Date       Date
    -------------------------------------------------------------------------
    Faircourt Gold      FGX       $0.04167     April 28,  April 30,  May 14,
     Income Corp.                                2010       2010        2010
    Faircourt Split     FCS.UN    $0.02000     April 28,  April 30,   May 6,
     Trust                                       2010       2010        2010
    

Faircourt Asset Management Inc. is the Investment Advisor for Faircourt Split Trust and Faircourt Gold Income Corp.

%SEDAR: 00025881E

For further information: on the Faircourt Funds, please visit www.faircourtassetmgt.com or please contact Charles Taerk, President and CEO; or Douglas Waterson, CFO & Portfolio Manager at [phone] or 1-800-831-0304