Front Street Long/Short Income Fund
TSX : FLS.UN

Front Street Long/Short Income Fund

December 19, 2006 17:24 ET

Front Street Long/Short Income Fund Announces Distribution

TORONTO, ONTARIO--(CCNMatthews - Dec. 19, 2006) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER US WIRE SERVICES

Front Street Long/Short Income Fund (TSX:FLS.UN) announced today an estimated distribution of $0.16491 per unit, consisting of a regular monthly distribution of $0.05 and an estimated special distribution of $0.11491, to unitholders of record on December 29, 2006, which will be paid in full on or about January 15, 2007. The distribution payable to a unitholder will be made in cash, unless the unitholder has previously elected to reinvest such distribution in units of the Fund pursuant to the Fund's distribution reinvestment plan.

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