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Advanced Fiber Technologies -AFT- Income Fund Announces Distribution for the Month Ending January 31, 2004.


Business Editors

LENNOXVILLE, Quebec--(BUSINESS WIRE)--Jan. 21, 2004

Advanced Fiber Technologies (AFT) Income Fund (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
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: AFT.UN) announced that it has declared a cash distribution of $0.10 per unit payable on February 13, 2004 to unitholders of record at the close of business on January 30, 2004.

Advanced Fiber Technologies (AFT) Income Fund's policy is to pay monthly distributions to unitholders of record on the last business day of each month.

Unitholders are able to benefit from a Distribution Re-investment Plan (DRIP). This plan can only be used to purchase units that are already issued and outstanding, thus is not dilutive to existing unitholders. Only Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma.  unitholders are eligible to participate in the plan. Unitholders are invited to obtain further information on this plan from their investment counsellors.

Holders of units who are non-residents of Canada will be required to pay all withholding taxes The amount legally deducted from an employee's wages or salary by the employer, who uses it to prepay the charges imposed by the government on the employee's yearly earnings.  payable in respect of any distributions of income by the Fund.

Advanced Fiber Technologies (AFT) Income Fund is a limited purpose trust established to hold the securities of Advanced Fiber Technologies (AFT) Trust. AFT uses its advanced screening and refining refining, any of various processes for separating impurities from crude or semifinished materials. It includes the finer processes of metallurgy, the fractional distillation of petroleum into its commercial products, and the purifying of cane, beet, and maple sugar  component technology and in-depth knowledge of pulp screening and refining processes to provide customized screening and refining solutions to pulp and paper producers. Pulp screens are used to remove contaminants from pulp, a process that is critical to ensuring the quality of the pulp and, in turn, the quality of the resulting paper products. Pulp refining is an adjacent process to pulp screening process and is mostly used to enhance pulp properties. AFT is one of the world's oldest and largest producers of pulp screening components, having celebrated its 100th year of operations in March 2003.

The statements contained in this news release that are forward-looking are based on current expectations, and are subject to a number of uncertainties and risks, and actual results may differ materially. These uncertainties and risks include, but are not limited to: the dependence on certain key suppliers, competitive pressures and changes in market activity, risks associated with international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee.  and foreign exchange, legal proceedings All actions that are authorized or sanctioned by law and instituted in a court or a tribunal for the acquisition of rights or the enforcement of remedies. , environmental, health and safety and other regulatory requirements Regulatory requirements are part of the process of drug discovery and drug development. Regulatory requirements describe what is necessary for a new drug to be approved for marketing in any particular country. . Further information can be found in the disclosure documents filed by Advanced Fiber Technologies (AFT) Income Fund with the securities regulatory authorities Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest
regulatory agency

administrative body, administrative unit - a unit with administrative responsibilities
, available at www.sedar.com.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 21, 2004
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