First Asset Distribution Press Release

2012-11-21 20:54:34 -

TORONTO, ONTARIO -- (Marketwire) -- 11/21/12 -- First Asset announces the following distributions for the month ending November 30, 2012. In all cases, the distribution will be paid on or before December 14, 2012, to holders of record on November 30, 2012.


----------------------------------------------------------------------------
                                                                Distribution
                                                                      Amount
Name                                           TSX Symbol         (per unit)
----------------------------------------------------------------------------
First Asset Yield Opportunity Trust -                                       
 Series A                                          FAY.UN      $      0.1458
----------------------------------------------------------------------------
First Asset Yield Opportunity Trust -                                       
 Series B                                           FAY.U      $ 0.044 (USD)
----------------------------------------------------------------------------
First Asset Canadian REIT Income Fund              RIT.UN      $        0.05
----------------------------------------------------------------------------
First Asset Pipes & Power Income Fund              EWP.UN      $        0.03
----------------------------------------------------------------------------
Utility Split Trust - Capital Units                UST.UN      $        0.05
----------------------------------------------------------------------------
Triax Diversified High-Yield Trust                 TRH.UN      $        0.07
----------------------------------------------------------------------------
First Asset Canadian Dividend Opportunity                                   
 Fund II                                           DVF.UN      $     0.04167
----------------------------------------------------------------------------

Contacts:

First Asset

Rob MacNiven

Investor Relations

416-642-1289 or 1-877-642-1289

www.firstasset.com