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Precious Metals and Mining Trust (TSX: MMP.UN) increases regular monthly distributions to $0.10 per unit
2007-07-11
TORONTO: Sentry Select Capital Corp. (“Sentry Select”) is pleased to announce that Precious Metals and Mining Trust’s (the “Trust”) distribution for July 2007 will be increased to $0.10 per unit, up from $0.07 per unit for June. This is the fourth distribution increase since the inception of the Trust in June 2006 in which the distribution began at $0.0417 per unit. The distribution will be paid on August 15, 2007 to unitholders of record on July 31, 2007. The increase is a result of net realized and anticipated capital gains in the portfolio, which will be distributed to unitholders through the remainder of the year. Current yield: The distribution of $0.10 per unit represents a current yield of 9.0% per annum based on the July 10, 2007 closing price of $13.30 per unit and a 12.0% yield based on the issue price of $10 per unit. This also represents an 80% increase from the originally anticipated 5% per annum yield. Precious Metals and Mining Trust: Precious Metals and Mining Trust is a closed-end trust that aims to provide unitholders with long-term capital appreciation and monthly cash distributions. The Trust invests in an actively managed portfolio consisting primarily of equity securities of metals and minerals mining and exploration issuers listed on a North American stock exchange. Distribution reinvestment plan: The Trust offers a distribution reinvestment plan whereby residents of Canada may elect to have their cash distributions reinvested in additional units of the Trust. Future distributions: The distribution is based upon the current make-up of the Trust’s portfolio. If the make-up of the portfolio changes, the distributions could change. Sentry Select Capital Corp.: Sentry Select Capital Corp. is a Canadian wealth management company that manages over $8 billion in gross assets as of June 30, 2007. The company offers a diverse range of investment products including closed-end trusts, mutual funds, principal-protected notes and flow-through limited partnerships, covering a variety of domestic and global mandates. With 29 reporting issuers, Sentry Select is the leading manager and/or advisor to entities listed on the Toronto Stock Exchange. In addition, Sentry Select manages and/or provides advisory services to 4 reporting issuers listed on the TSX Venture Exchange. More information: Investor Services (broker/investor inquiries) or Kinga Lam (media inquiries) Tel: 1-888-246-6656 Fax: 416-364-1197 info@sentryselect.com www.sentryselect.com This news release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, the future performance of the Trust, including the potential for future distributions. These statements reflect Sentry Select’s current expectations, but are subject to a number of risks and uncertainties. Due to the many risks and uncertainties, Sentry Select cannot assure that the forward-looking statements contained in this news release will be realized.

Documents (including press releases) regarding the various investment funds that are managed or advised by Sentry are provided for information purposes only and cannot be relied on to be complete, exhaustive or error-free unless the complete set of documents for any given investment fund with respect to which information is being sought is reviewed and then only on SEDAR (www.sedar.com).