November 10, 2005 18:23 ET

Gateway Casinos Income Fund Reports Correction in Reported Balance of Unrecovered FDF Eligible Expenditures

BURNABY, BRITISH COLUMBIA--(CCNMatthews - Nov. 10, 2005) - Gateway Casinos Income Fund (the "Fund") (TSX:GCI.UN) reports a correction in the balance of unrecovered FDF eligible expenditures for the Lake City Casinos that was reported in the Management Discussion and Analysis for the nine months ended September 30, 2005. The table reported under Capital Expenditures within the Capital Resources section should read as follows:

C$ in thousands


Balance as at December 31, 2004      7,982
 Eligible expense incurred in 2005     126
 FDF recoveries in 2005             (2,786)


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Balance as at September 30, 2005     5,322
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To find out more about Gateway Casinos Income Fund (TSX:GCI.UN), visit our website at www.gatewaycasinosincomefund.com.