Mullen Group Income Fund announces July 2008 distribution

CALGARY, July 16 /CNW/ - (TSX - MTL.UN) The Board of Directors of Mullen Group Inc. announced today that a monthly distribution of $0.15 per trust unit of Mullen Group Income Fund ("Mullen" or "Fund") has been declared for the month of July, 2008. The distribution will be paid on August 15, 2008 to unitholders of record as of July 31, 2008. A distribution of $0.15 per unit will also be paid to holders of Mullen Co. Limited Partnership B Units using the same record date and payment date.

Mullen is an open-ended income fund that owns a network of independently operated businesses. Today the Mullen Group is recognized as the largest provider of specialized transportation and related services to the oil and natural gas industry in western Canada and as one of the leading suppliers of trucking and logistics services in Canada - two sectors of the economy in which the Fund has strong business relationships and industry leadership. Administration of the Fund is delegated to Mullen Group Inc. which, in addition to managing the Fund, provides management and financial expertise, technology and systems support to its independent businesses.

Mullen is a publicly traded income trust listed on the Toronto Stock Exchange under the symbol "MTL.UN". Additional information is available on our website at www.mullen-group.com.

Contacts

Mr. Murray K. Mullen
Chairman of the Board and Chief Executive Officer

Mr. Stephen H. Lockwood
Co-Chief Executive Officer and President

Mr. David E. Olson
Vice President
Finance and Chief Financial Officer

121A - 31 Southridge Drive
Okotoks
Alberta
Canada
T1S 2N3
Tel: (403) 995-5200
Fax: (403) 995-5296