Newport Partners Income Fund
TSX : NPF.UN

October 10, 2007 13:02 ET

Newport Partners Income Fund to Release 2007 Third Quarter Results November 8th, 2007; Conference Call at 10:30 am

TORONTO, ONTARIO--(Marketwire - Oct. 10, 2007) -

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Newport Partners Income Fund ("NPF")(TSX:NPF.UN) announces the following upcoming event:

Third Quarter Results and Conference Call:

NPF expects to release its 2007 third quarter financial results before markets open on Thursday, November 8th. Management will hold a conference call for investors, analysts, brokers and media representatives to discuss the 2007 third quarter results on November 8th.



The details are as follows:

Date: November 8th, 2007
Time: 10:30 am EST
Access: 416-641-6135 (local)
1-866-225-6564 (toll free)


This conference call will be recorded and available for replay until Thursday, November 22nd, 2007. To listen to the replay, please dial 416-695-5800 or 1-800-408-3053, passcode is 3238663.

NPF's financial statements will be available prior to the conference call by visiting www.newportpartners.ca, clicking on Investor Relations section and "Financial Reports".

ABOUT NPF

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 provides a simple way for investors to own private equity investments and gain access to a professionally-managed diversified portfolio of successful Canadian private businesses that offers income, growth, diversification and liquidity. NPF's investment philosophy is to make long-term equity investments in leading or niche private businesses that have a track record of strong earnings, and potential for future growth. NPF seeks to minimize risk through diversification, prudent use of leverage and investing in competent operating management who are known and trusted by NPF. NPF's portfolio currently consists of 18 private company holdings representing a diverse cross-section of the Canadian economy. Management has decades of investment experience and a significant ownership position in NPF.

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