EVEREADY INCOME FUND
TSX : EIS.UN

EVEREADY INCOME FUND

May 12, 2008 08:00 ET

Eveready Income Fund Appoints Don Wilson to Board of Trustees

EDMONTON, ALBERTA--(Marketwire - May 12, 2008) - Mr. Peter Lacey, Chairman of the Board of Eveready Income Fund ("Eveready") (TSX:EIS.UN), is pleased to announce that Mr. Don Wilson has been appointed a trustee of Eveready effective May 9, 2008.

Mr. Wilson is the Senior Vice President & Chief Financial Officer of Stantec Inc. ("Stantec"), an Edmonton-based public company traded on the TSX (symbol "STN") and the NYSE (symbol "SXC"). Stantec provides professional design and consulting services in planning, engineering, architecture, surveying, economics, and project management through approximately 9,000 employees operating out of more than 125 locations in North America.

Mr. Wilson joined Stantec in 1990 as the controller for Stanley Associates Engineering Ltd. He was appointed Vice President & Chief Financial Officer in 1994. Prior to joining Stantec, Don worked with Eaket Menssa Baert & Partners, Chartered Accountants from 1977 to 1990. He attained his chartered accountant designation in 1979 and became partner in the firm in 1982 and senior level partner in 1986. Don holds a bachelor of commerce degree from the University of Saskatchewan. In 2007, Mr. Wilson completed the requirements of the Directors Education Program in 2007 and was awarded the ICD.D designation.

"I would like to personally welcome Don to Eveready's Board," comments Peter Lacey. "Don's wealth of experience with a large growth oriented public company will be a valuable asset as we continue to execute our overall growth strategies."

Mr. Wilson's appointment succeeds Mr. Don Pestell who recently resigned from the Board to allow more time to concentrate on some of his personal business ventures. The Board wishes Mr. Pestell great success in his future endeavours and thanks him for his contributions to the Board.

About Eveready

Eveready is a growth oriented income fund that provides industrial and oilfield maintenance and production services to the energy, resource, and industrial sectors. Operating from over 75 locations in Canada, the United States, and internationally, Eveready currently employs over 2,500 employees and operates a service fleet of over 1,000 trucks. Eveready is a leading provider of infrastructure services in Alberta's fast growing oil sands sector. The units of Eveready trade on the Toronto Stock Exchange under the trading symbol "EIS.UN".

Contact Information

  • Eveready Income Fund
    Rod Marlin
    President & CEO
    (780) 451-6075
    (780) 451-2142 (FAX)
    or
    Eveready Income Fund
    Darren Stevenson
    CFO
    (780) 451-6075
    (780) 451-2142 (FAX)
    Website: www.evereadyincomefund.com