Rainmaker Income Fund
TSX : RNK.UN

Rainmaker Income Fund

June 16, 2005 16:10 ET

Rainmaker Announces the Appointment of Warren Franklin

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 16, 2005) - Rainmaker Income Fund (TSX:RNK.UN) ("Rainmaker") and its operating entity, Rainmaker Limited Partnership ("Rainmaker LP") are pleased to announce the appointment of Mr. Warren Franklin to the position of President - Animation & Visual Effects of Rainmaker LP.

Franklin brings a wealth of knowledge and managerial skills to his new position. He got his start as a production coordinator at Industrial Light & Magic in 1979 and was bumped to lead the company as Vice President and General Manager in 1984 - spearheading its growth and dominance as the film industry's premiere special effects company. During that time, he founded the ILM computer graphics department that created groundbreaking digital effects for "The Abyss", "Terminator" and "Jurassic Park". After creating Lucasfilm Entertainment Group in 1989, he managed the Group's six divisions including ILM, LucasArts Games and Skywalker Sound. In 1992 he made a move to Colossal Pictures to oversee the company's animation studio, television/feature film, new media and commercial divisions. There he supervised development of the first real-time digital character for the Cartoon Network as well as MTV's "Liquid Television" and "Aeon Flux". Franklin held subsequent positions at Cinesite and Pinnacle Studios.

Franklin will be responsible for expanding the award-winning television effects team, to continue Rainmaker LP's growth in visual effects for feature film and in build a feature animation studio to handle production of computer generated animated films.

Rainmaker is an unincorporated open-ended limited purpose trust which is located in Vancouver, British Columbia, Rainmaker, through its predecessors, was established in 1979 and is one of North America's leading film and video post production organizations using innovative technology, superior service and world-class talent to design, build and shape content for film, television and new media productions.

This press release and any related attachments may contain forward-looking statements that involve a number of risks and uncertainty. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are market and general economic conditions and the risk factors detailed from time to time in the periodic reports and documents filed by Rainmaker with The Toronto Stock Exchange and other regulatory authorities. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made, and Rainmaker undertakes no obligation to update the forward-looking statements should there be a change in conditions, or in management's estimates or opinions.

The contents of this press release have neither been approved nor disapproved by any regulatory authority.

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