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Sterling Shoes announces special cash distribution

18 Dec '07
2 min read

The Fund also announced its cash distribution of $0.12 per trust unit for the period from December 1, 2007 to December 31, 2007. The distribution is payable on January 15, 2008 to unitholders of record on December 31, 2007.

Sterling Shoes Limited Partnership is continuing to pay equivalent distributions to the retained interest holder on the Subordinated Exchangeable LP Units of the Partnership.

The Fund experienced exceptional growth in the number of new stores openings during 2007. At December 31, 2007 we expect to be operating 141 stores in five provinces under six banners, an increase of 14 net stores during 2007.

Sterling Shoes Income Fund

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