XS Cargo Income Fund

XS Cargo Income Fund

July 27, 2009 16:30 ET

XS Cargo Income Fund Announces Extension of Delisting Date

EDMONTON, ALBERTA--(Marketwire - July 27, 2009) - XS Cargo Income Fund (the "Fund") (TSX:XSC.UN) today announced that the Toronto Stock Exchange ("TSX") has agreed that the date on which the trust units ("Trust Units") of the Fund will be delisted from the TSX has been extended to the close of market on August 19, 2009.

In order to ensure the continuous trading of the Trust Units, the Fund is proceeding with its application to have the Trust Units listed on either the TSX Venture Exchange, or such other stock exchange as may be approved by the Trustees of the Fund.

Business of the Fund

The Fund owns a 51% indirect interest in XS Cargo Limited Partnership which operates 40 closeout retail stores in Alberta, British Columbia, Manitoba, Saskatchewan, Ontario, Newfoundland, Nova Scotia and New Brunswick.

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