Contrans Income Fund announces distribution

Tue Jul 15, 9:52 AM

WOODSTOCK, ON, July 15 /CNW/ - Contrans Income Fund (TSX. Symbol CSS.UN) today declared a cash distribution of CDN $0.1042 per unit, for the month of July 2008, to unitholders of record at the close of business on July 31, 2008. The distribution payment will be made on August 15, 2008.

The Fund is an unincorporated, open-ended limited purpose trust created for the purpose of acquiring and holding certain investments.

Contrans has been providing freight transportation services since 1985. With approximately 1,400 power units and 2,300 trailers under management, Contrans is one of the largest freight transportation companies in Canada.

The Fund provides unitholders with monthly distributions. Trust units are listed on The Toronto Stock Exchange (under CSS.UN) and are eligible for registered retirement savings plans (RRSP's), registered retirement income funds (RRIF's) and deferred profit sharing plans (DPSP's). The Fund has a distribution reinvestment plan (DRIP) which allows unitholders to receive distributions in the form of additional units in lieu of cash and enables participants to purchase additional units directly from the Fund.

Contacts

Stan Dunford
Chairman and Chief Executive Officer

or Greg Rumble
President and Chief Operating Officer
Phone: (519) 421-4600
E-mail: info@contrans.ca
Web site: www.contrans.ca