VANCOUVER, December 6, 2006 - The Futura Corporation ("Futura") announces that it now owns 2,150,000 trust units in Hardwoods Distribution Income Fund (TSX:HWD.UN)("Hardwoods"), representing approximately 14.92% of the total oustanding trust units of Hardwoods, and 11.94% of the voting rights attached to all issued and outstanding securities of Hardwoods.

The purcahse of the trust units in Hardwoods was made through the facilities of the Toronto Stock Exchange for investment purposes. Futura may from time to time acquire additional trust units of Hardwoods, or continue to hold the trust units of Hardwoods in the normal course of Futura's investment activities, subject to applicable securities laws.

About Futura

The Futura Corporation is a Vancouver, British Columbia based private asset management and investment company. Futura has interests in numerous private and public companies, and specializes in the building materials sector.

For further information: please contact:

Amar S. Doman
President and CEO
The Futura Corporation
PO Box 10017, Pacific Centre
Vancouver, BC V7Y 1A1
PH (604) 608-6600