Rainmaker Income Fund
TSX : RNK.UN

Rainmaker Income Fund

December 19, 2006 18:30 ET

Rainmaker Income Fund Announces Distribution for December 2006 and the Resignation of a Trustee

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 19, 2006) - Rainmaker Income Fund (TSX:RNK.UN) (the "Fund") announces its monthly cash distribution for the month of December 2006 of $0.04 per unit payable on January 15, 2007 to unitholders of record at the close of business on October 31, 2006. Holders of units who are non-residents of Canada will be required to pay all withholding taxes payable in respect of any distribution of income by the Fund.

In addition the Fund announces that Paul Bronfman has resigned from the board of trustees to pursue other interests. Management and the trustees would like to thank Paul for his diligent work over the past one and a half years and we wish him success in his future endeavors.

The Fund is an unincorporated open-ended limited purpose trust located in Vancouver, British Columbia. The Fund indirectly owns 100% of three operating limited partnerships and 100% of Rainmaker Entertainment Inc. Rainmaker Limited Partnership is an award-winning visual effects, computer generated animation and post production entity with a 27 year history providing superior service, using innovative technology and world-class talent to design, build and shape content for feature films, television, games and commercials. EP Canada Limited Partnership is a leading provider of payroll services for the film and television industry across Canada. Canada Film Capital Limited Partnership provides tax credit administration services and financing of tax credits through factoring for film and television productions across Canada. Established in 1993, Rainmaker Entertainment Inc. (formerly Mainframe Entertainment, Inc.) is an industry leader in computer generated animation for television and direct-to-video DVD family entertainment.

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 the Fund 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 the Fund 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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