Precious Metals and Mining Trust announces a change to its distribution (TSX:MMP.UN)

Sentry Investments Inc. ("Sentry"), the manager of Precious Metals and Mining
Trust (the "Trust") announces that the Trust's monthly distribution rate will be
changed from the current $0.10 per unit to $0.07 per unit. This change will be
effective at the next monthly distribution, payable on April 15, 2013 to
unitholders of record on March 28, 2013.


Sentry believes this distribution decrease is prudent and beneficial for
unitholders in the current environment for gold mining equities. In Sentry's
view, gold mining equities are at their lowest valuations relative to the gold
price in twenty-five years and represent an exceptional investment opportunity.
It is Sentry's opinion that this distribution decrease will improve unitholders'
potential total return by maintaining the capital invested in the Trust while
still respecting the Trust's cash distribution objective.


It is Sentry's intention, as manager of the Trust, to reevaluate from time to
time the Trust's distribution in the context of portfolio return expectations
and to make changes to the distribution when it believes such changes represent
a net benefit to unitholders.


PRECIOUS METALS AND MINING TRUST 

Precious Metals and Mining Trust is designed to provide unitholders with
long-term capital appreciation and monthly cash distributions by investing in a
portfolio consisting primarily of equity securities of mining issuers listed on
a North American stock exchange. The Manager actively manages the Trust's
investments, which includes a rotation of weightings within the metals and
minerals sectors.


SENTRY INVESTMENTS INC. 

Sentry Investments was founded in 1997 and has grown to become one of Canada's
largest and fastest-growing independent asset management companies. Sentry
manages $10 billion in assets on behalf of more than 300,000 Canadian investors.
Sentry offers a diverse range of award-winning investment products available
through financial advisors, including domestic, international and
income-oriented mutual funds and separately managed accounts. Sentry is one of
only three firms to receive four consecutive Brendan Wood International TopGun
Asset Management Team Awards (2009 to 2012).


Certain statements included in this news release constitute forward-looking
statements, including, but not limited to, those identified by the expressions
"expect", "intend", "will" and similar expressions to the extent they relate to
Sentry or the Trust. The forward-looking statements are not historical facts but
reflect Sentry's or the Trust's current expectations regarding future results or
events. These forward-looking statements are subject to a number of risks and
uncertainties that could cause actual results or events to differ materially
from current expectations. Although Sentry and the Trust believe that the
assumptions inherent in the forward-looking statements are reasonable,
forward-looking statements are not guarantees of future performance and,
accordingly, readers are cautioned not to place undue reliance on such
statements. Sentry and the Trust undertake no obligation to update publicly or
otherwise revise any forward-looking statement or information whether as a
result of new information, future events or other such factors which affect this
information, except as required by law. For a complete disclosure record of the
Trust, please visit its profile at www.sedar.com. 




Sentry Investments Inc.                                                     
Commerce Court West                                                         
199 Bay Street, Suite 4100                                                  
P.O. Box 108                                                                
Toronto, ON M5L 1E2                                                         
Tel: [phone]                                                           
Fax: [phone]                                                           



FOR FURTHER INFORMATION PLEASE CONTACT: 
Sentry Investments Inc.
Investor Relations (broker/investor inquiries):
1-888-730-4623
416-364-1197 (FAX)
[e-mail]
www.sentry.ca