Gateway Casinos Income Fund

Gateway Casinos Income Fund

July 15, 2005 15:33 ET

Gateway Casinos Income Fund Announces June Distribution and Conference Call to Discuss Second Quarter Results

BURNABY, BRITISH COLUMBIA--(CCNMatthews - July 15, 2005) - Gateway Casinos Income Fund (the "Fund") (TSX:GCI.UN) is pleased to announce a cash distribution of $0.11 per unit for the month of June 2005. The distribution will be paid to unitholders of record at the close of business on July 26, 2005 and will be payable on July 29, 2005.

In conjunction with the release of its second quarter 2005 financial results, Gateway Casinos Income Fund (the "Fund") (TSX:GCI.UN) will host a conference call at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) on Tuesday, August 9, 2005.

Dave Gadhia, President, and Bradley Bardua, CFO, of Gateway Casinos G.P. Inc., will review the first quarter results and corporate developments. The financial results will be released after the close of the Toronto Stock Exchange on Monday, August 8, 2005.

To participate in this conference call, please dial one of the following numbers approximately 10 minutes prior to the commencement of the call:

Toll-free: 1.866.905.2211
GTA local and international: 416.695.5259

A playback recording of the call will be available until August 23,
2005 by dialing:

Toll-free: 1.888.509.0082
GTA local and international: 416.695.5275

We look forward to having you participate in our call.

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