Spinrite Income Fund

Spinrite Income Fund

May 16, 2006 16:04 ET

Spinrite Income Fund to Hold Annual General Meeting on May 23

LISTOWEL, ONTARIO--(CCNMatthews - May 16, 2006) - Spinrite Income Fund (TSX:SNF.UN) today announced it will hold its first Annual General Meeting on Tuesday, May 23, 2006 at 10 a.m. ET.

The meeting will take place in The Gallery at the TSX Broadcast & Conference Centre at The Exchange Tower, 130 King Street West in Toronto, Ontario. Following the formal meeting, there will be a presentation by management and a question and answer session. The presentation will be webcast live at www.spinriteincomefund.com.

Spinrite Income Fund (TSX:SNF.UN) is the largest producer and marketer of craft yarn in Canada and one of the largest in the United States. Established in 1952, Spinrite researches, develops, manufactures and markets a broad variety of consumer craft yarns. The company also supports its market with patterns that provide customers with creative ideas for knitted products. Spinrite has approximately 520 employees at its fully integrated manufacturing and distribution centre in Listowel, Ontario.

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