HispanicBusiness

TORONTO, ONTARIO -- (Marketwire) -- 01/09/13 -- First Asset confirms the regular and special distributions previously announced on December 18, 2012, for the Funds listed below. These distributions will be paid in cash on or before January 15, 2013, to holders of record on December 31, 2012.

----------------------------------------------------------------------------                                                           Confirmed RegularName                                     TSX Symbol  Distribution (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----------------------------------------------------------------------------Utility Split Trust - Preferred Shares     UST.PR.B           $      0.13125----------------------------------------------------------------------------Triax Diversified High-Yield Trust           TRH.UN           $         0.07----------------------------------------------------------------------------First Asset Diversified Convertible Debenture Fund                              DCD.UN           $         0.30----------------------------------------------------------------------------Preferred Share Investment Trust             PSF.UN           $        0.175----------------------------------------------------------------------------CanBanc Income Corp.                            CIC           $        0.175----------------------------------------------------------------------------Can-60 Income Corp.                             CSY           $       0.1625----------------------------------------------------------------------------Canadian Advantaged Convertibles Fund        ADC.UN           $         0.15----------------------------------------------------------------------------Can-Financials Income Corp.                     FIC           $         0.15----------------------------------------------------------------------------North American Advantaged Convertibles Fund                                        NCD.UN           $        0.125----------------------------------------------------------------------------Canadian REIT Income Fund                    RIU.UN           $       0.1375----------------------------------------------------------------------------First Asset Canadian Dividend Opportunity Fund II                         DVF.UN           $      0.04167--------------------------------------------------------------------------------------------------------------------------------------------------------                                                           Confirmed SpecialName                                     TSX Symbol  Distribution (per unit)----------------------------------------------------------------------------Canadian REIT Income Fund                    RIU.UN           $        0.025----------------------------------------------------------------------------