Faircourt Asset Management Inc. Announces May 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, May 18 /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                               May 27,    May 31,  June 14,
     Income Corp.       FGX        $0.04167        2010       2010      2010

    Faircourt Split                              May 27,    May 31,   June 3,
     Trust              FCS.UN     $0.02000        2010       2010      2010

    Faircourt Income
     & Growth Split                              May 27,    May 31,   June 3,
     Trust              FIG.UN     $0.01500        2010       2010      2010
    

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

Acuity Investment Management Inc. is the Investment Advisor for Faircourt Income & Growth Split Trust.

%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