WSP Global Inc.

WSP Global Inc.

December 17, 2008 05:47 ET

GENIVAR Income Fund Announces December Distribution and a One-time Special Distribution

    MONTREAL, Dec. 17  - GENIVAR Income Fund (TSX: GNV.UN)
announced today that its monthly cash distribution of $0.125 per Fund unit
covering the period from December 1 to December 31, 2008, will be paid on
January 15, 2009 to unitholders of record at the close of business on December
31, 2008.
    Furthermore, the Fund is pleased to declare a one-time special cash
distribution of $0.45 per Fund unit that will be paid on January 15, 2009 to
unitholders of record at the close of business on December 31, 2008. This
special distribution ensures that the Fund will not be liable to pay income
taxes for the taxation year ending on December 31, 2008. This special
distribution is necessary primarly as a result of the successful performance
of the Fund in 2008.

    GENIVAR is a leading Canadian engineering services firm providing private
and public sector clients with a full range of professional consulting
services through all execution phases of a project including planning, design,
construction and maintenance. Its clients, which are of varying sizes, fall
into various market segments such as building, industrial and power, municipal
infrastructure, transportation and environment. GENIVAR is one of the largest
engineering services firm in Canada in terms of number of employees with more
than 3,500 managers, professionals, technicians and technologists and support
staff in over 80 offices in Canada and abroad.



Contact Information

  • Marlene Casciaro, Director of Communications,
    GENIVAR, (514) 340-0046, ext. 5184