First Trust/Four Corners Senior Floating Rate Income Fund Announces Expected Amount of Per Share Liquidating Distribution

First Trust/Four Corners Senior Floating Rate Income Fund (NYSE Amex: FCM), a diversified closed-end management investment company (“FCM” or the “Fund”), announced today that pursuant to the Plan of Termination, Liquidation and Dissolution (the “Plan”) announced by the Fund on July 22, 2010, the Fund will make a first and final liquidating distribution currently expected to be $13.6693 per share to be paid entirely in cash to holders of record of shares of the Fund at the close of business on September 30, 2010 (the “Record Date”). Shares of FCM shall cease trading on the NYSE Amex at the close of trading on the Record Date. The final liquidating distribution is expected to be 100% return of capital, however, the final determination of the source and tax status of this and all other distributions paid in 2010 will be made after the end of fiscal year 2010.

First Trust/Four Cor (AMEX:FCM)
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