Art In Motion Income Fund
TSX : AIM.UN

Art In Motion Income Fund

September 27, 2007 08:00 ET

Art in Motion Income Fund Announces Special Meeting to Elect Trustees

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 27, 2007) -

Attention Business Editors:

Art In Motion Income Fund (the "Fund") (TSX:AIM.UN) announced today that a special meeting (the "Special Meeting") of the voting unitholders of the Fund will be held on November 2, 2007 for the purposes of electing trustees of the Fund. Unitholders of record on September 28, 2007 will be entitled to attend and vote at the Special Meeting.

The board's decision to call the Special Meeting follows recent requests by a significant unitholder to change the composition of the board in order to add further representatives of that unitholder. After due consideration of the differing interests of the significant unitholders, the board has determined that all unitholders of the Fund should have the opportunity to vote on composition of the board.

Each of the existing trustees, other than Jeff Larsen, has indicated that they do not intend to stand for re-election at the Special Meeting and that they will resign as directors of the board of Art In Motion GP Inc. upon conclusion of that meeting. The existing board of trustees is currently in the process of determining the nominees for election as trustees at the Special Meeting. The names of the proposed nominees, as well as the time and location of the Special Meeting, will be included in the information circular for the Special Meeting that will be delivered to voting unitholders on or about October 11, 2007.

The Fund is an unincorporated, open-ended limited purpose trust established under the laws of British Columbia to hold, indirectly, the securities of Art In Motion Limited Partnership. Art In Motion Limited Partnership is a leading global publisher, framer and licensor of images and fine-art reproductions. Art In Motion designs, manufactures and markets fine-art reproductions based on proprietary artwork.

Contact Information

  • Art In Motion Income Fund
    Allan Achtemichuk
    Chief Financial Officer
    1-877-AIM-3233 (1-877-246-3233)
    Website: www.aimincomefund.com