Income Financial Trust
TSX : INC.un

Income Financial Trust

May 18, 2006 09:00 ET

Regular Monthly Distribution Declared-Income Financial

TORONTO, ONTARIO--(CCNMatthews - May 18, 2006) - INCOME FINANCIAL TRUST ("INCOME FINANCIAL") declares its regular monthly distribution of $0.17708 per unit ($2.1250 annually). Distributions are payable June 9, 2006 to shareholders on record as of May 31, 2006.

Income Financial unitholders have received a total of $16.84 per unit in distributions since inception, inclusive of this distribution.

Income Financial invests in North American financial services companies whose shares are included in the TSX Financial Services Index, the S&P Financials Index or the S&P Midcap Financials Index. Quadravest Capital Management actively manages Income Financial's investment portfolio.

Quadravest Capital Management Inc. is focused on the creation and management of enhanced yield products for retail investors. It's management style combines active security selection with covered call option writing. This strategy generates additional returns above dividend and interest income earned in the portfolio. Quadravest is dedicated to providing investors with products that offer both steady income and capital preservation for the long term.

Income Financial Distribution Details:

- Regular Distribution per Unit: $ 0.17708
- Ex-Dividend Date: May 29, 2006
- Record Date: May 31, 2006
- Payable Date: June 9, 2006

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