NORANDA INCOME FUND

NORANDA INCOME FUND

July 07, 2006 16:40 ET

Noranda Income Fund Second Quarter 2006 Results and Conference Call

TORONTO, ONTARIO--(Marketwire - July 7, 2006) –

Attention Business Editors:

Noranda Income Fund will host its quarterly conference call on Monday, July 31, 2006 at 4:30 p.m. EST. To join us by telephone, please call 416-644-3423 five minutes prior to the start time. North American callers may call toll free at 1-800-814-4890.

In addition, it will be possible to listen to the teleconference and view the slide presentation from our website at http://www.norandaincomefund.com in the Investor Centre/Conference Calls section of the site.

A recording of the teleconference will be available by calling 416-640-1917 or 1-877-289-8525. You will need the pass code: 2119 5873 followed by the number sign and will be prompted for your name and company. The 1-877 number is available only to calls originating in North America. The results will be available until midnight on August 7, 2006.

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