Chesswood Income Fund
TSX : CHW.UN

Chesswood Income Fund

October 18, 2010 15:37 ET

Chesswood Income Fund Announces Increase in Monthly Distributions

TORONTO, ONTARIO--(Marketwire - Oct. 18, 2010) - Chesswood Income Fund (the "Fund") (TSX:CHW.UN) is pleased to announce an increase in its monthly distributions to $0.045 per unit commencing with the October distribution. This is the Fund's third distribution increase in 2010.

The distribution will be payable to unitholders of record at the close of business on October 31, 2010 and will be paid on November 15, 2010.

In accordance with the Fund's distribution policy adopted in August 2008, the trustees of the Fund set monthly distribution levels on a quarterly basis.

About Chesswood Income Fund 

Chesswood Income Fund is a financial services trust with operating businesses in both Canada and the U.S.

For more information visit www.ChesswoodFund.com.

NO STOCK EXCHANGE, SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.

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