Amalgamated Income Limited Partnership

Amalgamated Income Limited Partnership

September 23, 2005 11:45 ET

Amalgamated Income Limited Partnership Announces Purchase of Infinity Income Trust Units and Monthly Distribution Amount & Date

VICTORIA, BRITISH COLUMBIA--(CCNMatthews - Sept. 23, 2005) - Amalgamated Income Limited Partnership (TSX:AI.UN) ("Amalgamated LP") announced the purchase of the following trust units:

Name of Units Price Per Previous # of New # of Total % of
Entity Acquired Unit (Cdn) Units Held Units Held Units Held

Trust 51,993 $0.59 208,374 260,367 17.16%

All purchases were made on the over-the-counter market or by private purchase. This news release is being issued under the early warning provisions of Canadian provincial securities legislation.

Additionally, Amalgamated LP is pleased to announce the distribution of $0.0125 per unit, for September paid to record holders as of October 7th, 2005. It will be paid on October 14th, 2005. By moving the record date into early October all investors who subscribe for units in the rights offering will be able to receive a distribution.

The business of Amalgamated LP is to acquire hold and where appropriate trade units of mutual fund limited partnership units and other income generating assets. The Units of Amalgamated LP are listed on the TSX (AI.UN) and are eligible for RRSP's. The rights for Amalgamated are also listed on the TSX (AI.RT) and will expire on October 6th, 2005.

Contact Information

  • Amalgamated Income Limited Partnership
    C.W.J. Boatman
    President, 479660 BC Ltd., General Partner
    (250) 413-3103 or Toll free in Canada 1-888-708-5757
    (250) 413-3110 (FAX)
    Amalgamated Income Limited Partnership
    Elias Foscolos
    (403) 265-6540 or Toll free in Canada 1-877-202-4717