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Acadian Timber Income Fund Announces First Distribution.


TORONTO -- First graph, third sentence of release dated Feb. 17, 2006 should read: $0.06875 per unit (sted $0.6875 per unit).

The corrected release reads:

ACADIAN TIMBER INCOME FUND ANNOUNCES FIRST DISTRIBUTION

Acadian Timber Income Fund (the "Fund") (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
:ADN ADN Anchorage Daily News (Alaska newspaper)
ADN Yemen (international vehicle registration)
ADN Ácido Desoxirribonucleico
ADN Acide Désoxyribonucléique (French: DNA) 
.UN) is pleased to announce its first monthly distribution of $0.071 per unit, payable on March 15, 2006 to unitholders of record on February 28, 2006. This first distribution represents the period from closing of the Fund on January 31, 2006 to February 28, 2006. Subsequent regular distributions payable each month commencing April 15, 2006 are estimated to be $0.06875 per unit, for an annual yield of 8.25% based on the issue price of $10.00 per unit, consistent with the Final Prospectus Final Prospectus

A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors.

Notes:
The final prospectus must be given to every investor who purchases a new issue of registered securities.
.

Acadian Timber Income Fund is a leading supplier of timber in Eastern Canada Eastern Canada (also the Eastern provinces) is the region of Canada generally considered to be east of Manitoba, consisting of the following provinces:
  • Ontario (1 July 1867)
  • Quebec (1 July 1867)
  • New Brunswick (1 July 1867)
  • Nova Scotia (1 July 1867)
 and the Northeastern U.S. Acadian owns and manages approximately 765,000 acres of freehold timberlands in New Brunswick and approximately 311,000 acres of freeholder timberlands in Maine. The Fund is managed by Brookfield Timberlands Management LP, a wholly-owned subsidiary of Brookfield Asset Management This article or section is written like an .
Please help [ rewrite this article] from a neutral point of view.
Mark blatant advertising for , using .
. The Fund's units are listed for trading on the Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 under the symbol ADN.UN.

This news release contains forward looking information including "forward looking statements", which can be identified by the use of words, such as "estimated", "approximately" or variations of such words and phrases Words and Phrases®

A multivolume set of law books published by West Group containing thousands of judicial definitions of words and phrases, arranged alphabetically, from 1658 to the present.
 or that state that certain actions, events or results "may" or "will" be taken, occur or achieved. Forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results or performance to be materially different from any future results or performance expressed or implied by the forward statements. The risks, uncertainties and other factors that could influence actual results are described in the Acadian Timber Income Fund final prospectus and other documents filed with regulatory authorities.

Acadian Timber Income Fund (TSX:ADN.UN)
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 20, 2006
Words:322
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