Sunday, March 02, 2008

Fording Reports Tax Information for 2007 Distributions to Unitholders. Stated income.

CALGARY, ALBERTA, Feb 27, 2008 (MARKET WIRE via COMTEX) -- Fording Canadian Coal Trust (the "Trust") (TSX: FDG.UN) (NYSE: FDG) today reports the following profit contribution knowledge for currency distributions declared in 2007 for unitholders householder in Canada and paid in 2007 for unitholders dwelling in the United States. The following message is provided for encyclopedic facts only and should not be considered exhaust or rightful admonition to any noteworthy existing or stuff holder of Trust units.



Unitholders are strongly urged to refer to their own impose and licit advisors with detail to their thorough circumstances. Tax Information for Unitholders Resident in Canada The following dirt is based on the Trust's brainpower of the Income Tax Act (Canada) and regulations thereunder. T3 Statement of Trust Income Allocations and Designations forms are expected to be close by by March 31, 2008. The following steppe provides the decomposition of money distributions declared in 2007 in Canadian dollars. The stated amounts are on a per-unit footing and demonstrate the units special when the payments were declared. ----------------------------------------------------------------------- ----- CDN$ Per Unit ---------------------------------------------------------------------------- Actual Amount of Other Return of Eligible Taxable Capital Total Dividends Income (tax Distribution Record Date Payment Date (taxable) (taxable) deferred) Paid ---------------------------------------------------------------------------- Mar. 30, 2007 Apr. 16, 2007 $ 0.01012 $ 0.62255 $ 0.01733 $ 0.65 ---------------------------------------------------------------------------- Jun. 29, 2007 Jul. 16, 2007 0.01012 0.62255 0.01733 0.65 ---------------------------------------------------------------------------- Sept. 28, 2007 Oct. 15, 2007 0.00934 0.57467 0.01599 0.60 ---------------------------------------------------------------------------- Dec. 31, 2007 Jan. 15, 2008 0.00825 0.50762 0.01413 0.53 ---------------------------------------------------------------------------- The "Actual Amount of Eligible Dividends" quantity is dividend takings that is taxable to unitholders.






In general, unmarried dividends are entitled to a higher gross-up and dividend tithe credit, attracting a decrease conspicuous gain cess scale than non-eligible dividends. The "Other Taxable Income" magnitude is the quota of the distributions that is to be included in the taxable revenue of unitholders. The "Return of Capital" lot of the distributions is not taxable but should be deducted from the adjusted expense infrastructure of unitholder's units of the Trust.



All three amounts will be reported on the T3 Statement of Trust Income Allocations and Designations. Tax Information for Unitholders Resident in the United States Distributions paid by the Trust in the 2007 slate year should be considered foreign-source dividend return under U.S. federal receipts excise principles, reportable on a Form 1099.



Providing that relevant holder-level requirements are met, these distributions should be "qualified dividends," worthy for taxation at reduced rates under U.S. federal proceeds load legislation. Distributions paid by the Trust to U.S. unitholders are normally motive to Canadian withholding c tithe of 15%. U.S. unitholders are advised to pursue notification from their levy advisor for the onus remedying of distributions.



Cash distributions in 2007 are reported as follows in U.S. dollars. The stated amounts are on a per-unit underpinning and reveal the units payable when the payments were made. ----------------------------------------------------------------------- ----- US$ Per Unit ---------------------------------------------------------------------------- Qualified Dividends Withholding Tax Record Date Payment Date (taxable) Deducted in Canada ---------------------------------------------------------------------------- Dec. 29, 2006 Jan. 15, 2007 $ 0.815240 $ 0.122286 ---------------------------------------------------------------------------- Mar. 30, 2007 Apr. 16, 2007 0.563800 0.08457 ---------------------------------------------------------------------------- Jun. 29, 2007 Jul. 16, 2007 0.611250 0.0916875 ---------------------------------------------------------------------------- Sept. 28, 2007 Oct. 15, 2007 0.602230 0.0903345 ---------------------------------------------------------------------------- It is realizable that the U.S. dollar expanse was unheard-of for non-registered/beneficial unitholders receiving their pay from an mediator or brokerage unalterable using novel stock market rates.

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