Spinrite Income Fund
TSX : SNF.UN

Spinrite Income Fund

July 31, 2006 16:32 ET

Spinrite Income Fund to Hold Second Quarter Conference Call

LISTOWEL, ONTARIO--(CCNMatthews - July 31, 2006) - Spinrite Income Fund (TSX:SNF.UN) ("the Fund") today announced it will hold a conference call and live audio webcast on Wednesday, August 16, 2006 at 10 a.m. ET to discuss the Fund's financial results for the thirteen week period ended July 1, 2006.

A news release announcing the Fund's results will be issued prior to the call.

The call will be hosted by Dario Margve, President and Chief Executive Officer and Ryan Newell, Chief Financial Officer. Following management's presentation, there will be a question and answer session for analysts and institutional investors.

To participate in the conference call, the numbers are 416-340-2216 or 1-866-898-9626. To access the live audio webcast, please visit Spinrite's web site at www.spinriteincomefund.com. The webcast will also be archived on the site.

A taped rebroadcast will be available to listeners following the call until 12 a.m. on August 23, 2006. To access the rebroadcast, please dial 416-695-5800 or 1-800-408-3053 and quote the passcode 3194047#.

About Spinrite Income Fund

Spinrite Income Fund (TSX:SNF.UN) is the largest producer and marketer of craft yarn in Canada and one of the largest in the United States. Established in 1952, Spinrite researches, develops, manufactures and markets a broad variety of consumer craft yarns. The company also supports its market with patterns that provide customers with creative ideas for knitted products. Spinrite has approximately 510 employees at its fully integrated manufacturing and distribution centre in Listowel, Ontario.

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