Exchange-Traded Funds advised by First Trust Advisors L.P. Announce Recap of Capital Gains Distributions for 2007

  
    
  
  
    
      First Trust Advisors L.P. (“FTA”) 
      announced today that 33 of 36 First Trust exchange-traded funds advised 
      by FTA distributed zero capital gains in 2007. The short-term capital 
      gains that were distributed from three of the 36 funds (“Funds”) 
      amounted to a minimal 1.6 basis points or less, based on the net asset 
      value (NAV) on the declaration date.
    
    
      Listed below are the capital gain distributions made in 2007.
    
    
      
        
          Ticker
        
        
           
        
        
          Fund Name
        
        
          Short-Term Capital Gain Per Share
        
        
          Long-Term Capital Gain Per Share
        
        
          Total Capital Gain Per Share
        
        
           
        
        
          
            % of NAV
          
        
        
          Ex-Dividend Date
        
        
          Payable Date
        
      
      
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          FXN
        
        
        
        
          First Trust Energy

          
            AlphaDEXTM Fund
          
        
        
          $0.0036
        
        
          $0.0000
        
        
          $0.0036
        
        
        
        
          0.0160%
        
        
          12/21/07
        
        
          12/31/07
        
      
      
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          FNI
        
        
        
        
          First Trust ISE Chindia

          
            Index Fund
          
        
        
          $0.0031
        
        
          $0.0000
        
        
          $0.0031
        
        
        
        
          0.0115%
        
        
          12/21/07
        
        
          12/31/07
        
      
      
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          FFR
        
        
        
        
          First Trust FTSE EPRA/NAREIT

          
            Global Real Estate Index Fund
          
        
        
          $0.0073
        
        
          $0.0000
        
        
          $0.0073
        
        
        
        
          0.0157%
        
        
          12/21/07
        
        
          12/31/07
        
      
    
    
      About First Trust
    
    
      First Trust Advisors L.P. (“FTA”) 
      and its affiliate First Trust Portfolios L.P. (“FTP”) 
      are privately-held companies which provide a variety of investment 
      services, including asset management, financial advisory services, and 
      municipal and corporate investment banking, with collective assets under 
      management or supervision of over $33 billion as of December 31, 2007 
      through closed-end funds, unit investment trusts, mutual funds, separate 
      managed accounts and exchange-traded funds.
    
    
      You should consider the investment objectives, risks, charges and 
      expenses of a Fund before investing. Prospectuses for the Funds contain 
      this and other important information and are available free of charge by 
      calling toll-free at 1-800-621-1675 or visiting www.ftportfolios.com. 
      A prospectus should be read carefully before investing.
    
    
      Principal Risk Factors: A Fund’s shares will 
      change in value, and you could lose money by investing in a Fund. An 
      investment in a Fund involves risk similar to those of investing in any 
      fund of equity securities traded on exchanges. A Fund seeks investments 
      results that correspond generally to the price and yield of an index. 
      You should anticipate that the value of a Fund’s 
      shares will decline, more or less, in correlation with any decline in 
      the value of the index. A Fund’s return may 
      not match the return of the index. A Fund may invest in small 
      capitalization and mid capitalization companies. Such companies may 
      experience greater price volatility than larger, more established 
      companies.
    
    
      Investors buying or selling Fund shares on the secondary market may 
      incur brokerage commissions. Investors who sell Fund shares may receive 
      less than the share’s net asset value. Unlike 
      shares of open-end mutual funds, investors are generally not able to 
      purchase Fund shares directly from the Fund and individual shares are 
      not redeemable. However, specified large blocks of shares called “creation 
      units” can be purchased from, or redeemed to, 
      the Fund.