The Gabelli Utility Trust (NYSE - GUT) revised the dates for its monthly distributions of $0.06 per share for May and June 2002. The distribution of $0.06 per share scheduled for May 2002 will now be payable on May 20, 2002 to shareholders of record on May 10, 2002. The distribution of $0.06 per share scheduled for June 2002 will now be payable on June 26, 2002 to shareholders of record on June 19, 2002. The Gabelli Utility Trust has paid a distribution to shareholders every month since October 1999. The Utility Trust is a closed-end, non-diversified management investment company with $82 million in total assets whose primary investment objective is to seek long-term growth of capital and income by investing primarily in utility companies involved in the distribution of electricity, gas and water.