Rainmaker Income Fund

Rainmaker Income Fund

April 19, 2007 14:57 ET

Rainmaker Income Fund Announces Distribution for April 2007

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 19, 2007) - Rainmaker Income Fund (TSX:RNK.UN) (the "Fund") announces its monthly cash distribution for the month of April 2007 of $0.04 per unit payable on May 15, 2007 to unitholders of record at the close of business on April 30, 2007.

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.

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

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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