Merger Details:

Effective September 30, 2010 Faircourt Income & Growth Split Trust merged into Faircourt Split Trust. The Preferred securities of Faircourt Income & Growth Split Trust were exchanged on a one-for-one basis for Preferred B securities of Faircourt Split Trust. This was a taxable event. In addition, the Faircourt Split Trust Preferred A Units were redeemed for $10.0063 per unit.