Hardwoods Distribution Income Fund

Hardwoods Distribution Income Fund

October 24, 2006 15:09 ET

Hardwoods Distribution Income Fund Webcast and Conference Call Notification-Third Quarter Financial Results

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 24, 2006) -

Attention: Business/Financial Editors

Hardwoods Distribution Income Fund ("the Fund") (TSX:HWD.UN) announced today that it will hold a conference call and webcast to discuss its third quarter 2006 financial results on Tuesday, October 31, 2006 at 8:00 a.m. Pacific Time (11:00 a.m. Eastern). The call can be accessed by dialing: 1-800-814-4857 or 416-644-3417.

A replay will be available through November 14, 2006 at: 1-877-289-8525 or 416-640-1917 Passcode 21206249#.

The live and archived webcast can be accessed at www.vcall.com/IC/CEPage.asp?ID=110235 or on the Fund's website at http://www.hardwoods-inc.com.

The Fund's financial results will be released by newswire after market close on Monday, October 30th, 2006.

Hardwoods Distribution Income Fund owns an 80% interest in Hardwoods, one of North America's largest distributors of premium hardwood lumber and panel products. The Fund was launched on March 23, 2004, with the completion of an initial public offering of 14,410,000 shares at $10.00 per unit.

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