Newport Partners Income Fund

April 12, 2007 14:00 ET

Newport Partners Income Fund to Release 2007 First Quarter Results May 8th, 2007; Conference Call at 10:30 AM

TORONTO, ONTARIO--(CCNMatthews - April 12, 2007) -


Newport Partners Income Fund ("Newport") (TSX:NPF.UN) announces the following upcoming events:

First Quarter Results and Conference Call:

Newport expects to release its 2007 first quarter financial results before markets open on Tuesday, May 8th. Management will hold a conference call for investors, analysts, brokers and media representatives to discuss the 2007 first quarter results on May 8th.

The details are as follows:

Date: May 8th, 2007
Time: 10:30 am EST
Access: 416-695-9706 (local)
1-877-667-7774 (toll free)

This conference call will be recorded and available for replay until Tuesday, May 22, 2007. To listen to the replay, please dial 416-695-5275 or 1-888-509-0081, passcode is 643092.

Newport's financial statements will be available prior to the conference call by visiting, clicking on Investor Relations section and "Financial Reports".

Annual General Meeting ("AGM"):
Newport's AGM will be held Tuesday, May 8th, 2007 at 4:30 p.m. EST at the Design Exchange, located at 234 Bay Street, Toronto, Ontario. Investors are also invited to meet the operating management of Newport's portfolio of companies beginning at 4 p.m. in the same location.


Newport is an unincorporated, open-ended trust created to hold through its investment in Newport Partners Commercial Trust, interests in Newport Private Yield LP, ("NPY") a limited partnership established under the laws of the Province of Ontario. Newport began trading on the TSX on August 8, 2005 under the symbol NPF.UN.

Newport Partners Income Fund provides a simple way for investors to own private equity investments. Through ownership of Newport, investors gain access to a professionally-managed diversified portfolio of successful Canadian private businesses that offers income, growth, diversification and liquidity. Newport's core business is asset management. Its investment philosophy is to make long-term equity investments in leading or niche private businesses that have a track record of strong earnings, and potential for future growth. The Fund seeks to minimize risk through diversification, prudent use of leverage and investing in competent operating management who are known and trusted by Newport management. Newport's portfolio currently consists of 17 private company holdings representing a diverse cross-section of the Canadian economy. Newport's management has decades of investment experience and a significant ownership position in the Fund.

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