WesternOne Equity Income Fund
TSX : WEQ.UN
TSX : WEQ.DB

WesternOne Equity Income Fund

October 23, 2007 09:00 ET

WesternOne Equity Income Fund Announces Cash Distribution for October 2007

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 23, 2007) -

NOT FOR DISTRIBUTION TO US WIRE SERVICES OR FOR DISSEMINATION IN THE US.

WesternOne Equity Income Fund ("WesternOne Equity") (TSX VENTURE:WEQ.UN)(TSX VENTURE:WEQ.DB) today announced that its Board of Trustees has approved a cash distribution of $0.05 per trust unit for the period from October 1, 2007 to October 31, 2007 (equivalent to $0.60 per trust unit on an annualized basis). This distribution will be paid on November 15, 2007 to unitholders of record at the close of business on October 31, 2007.

The policy of WesternOne Equity is to pay cash distributions on or about the 15th day of each month to unitholders of record on the last business day of the preceding month.

About WesternOne Equity

WesternOne Equity has been established to seek out and acquire predominantly privately owned businesses located primarily in the Western Canadian provinces of British Columbia, Alberta and Saskatchewan, in order to generate stable and growing distributions to its unitholders as well as to achieve overall capital appreciation.

Additional information about WesternOne Equity is available at www.weq.ca or www.sedar.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

Contact Information

  • WesternOne Equity Income Fund
    Andrew Greig
    Manager of Investor Relations
    (604) 678-4042
    (604) 681-5969 (FAX)
    Email: agreig@weq.ca
    Website: www.weq.ca