Newport Partners Income Fund
TSX : NPF.UN

November 19, 2007 15:00 ET

Newport Partners Income Fund Announces November 2007 Distribution

TORONTO, ONTARIO--(Marketwire - Nov. 19, 2007) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Newport Partners Income Fund ("NPF")(TSX:NPF.UN) announced today that a cash distribution in the amount of $0.08333 per Unit, covering the period from November 1 to November 30, 2007, will be paid on December 14, 2007 to Unitholders of record at the close of business on November 30, 2007. NPF's current annual distribution is $1.00 per Unit.

About Newport Partners Income Fund

NPF is an unincorporated, open-ended trust created to hold, through its investment in Newport Partners Commercial Trust, interests in Newport Private Yield LP, a limited partnership established under the laws of the Province of Ontario. NPF began trading on the TSX on August 8, 2005 under the symbol NPF.UN.

NPF is a publicly-traded diversified fund that invests in well-established, successful Canadian private companies. We target above-average rates of return by putting our money to work behind talented entrepreneurs who have a record of success in their business and a growth opportunity for the future. Our unit holders share in the income generated by these businesses as well as their value appreciation. NPF currently has approximately $600 million of investments in 18 companies representing a diverse cross-section of the Canadian economy.

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