TERRAVEST INCOME FUND
TSX : TI.UN

TERRAVEST INCOME FUND

August 15, 2008 16:05 ET

TerraVest Income Fund Announces August 2008 Distribution

EDMONTON, ALBERTA--(Marketwire - Aug. 15, 2008) - TerraVest Income Fund (TSX:TI.UN) announced today that it has declared a cash distribution of $0.055 per Unit, effective with the distribution to be paid on September 15, 2008 to Unitholders of record on August 29, 2008. The ex-distribution date is August 27, 2008.

About TerraVest Income Fund

The Fund has invested in six businesses:

- RJV is one of the largest providers of wellhead processing equipment for the natural gas industry in western Canada.

- Diamond is a market leader in providing well servicing to the oil and natural gas sector in south-western Saskatchewan, with a growing presence in Alberta.

- Don Park is one of Canada's largest manufacturers and suppliers of heating, ventilation and air conditioning (HVAC) products.

- Stylus is one of Canada's leading made-to-order upholstered furniture manufacturers.

- Beco is the largest Canadian designer, manufacturer and importer of home textile products.

- Ezee-On manufactures heavy-duty equipment for large acreage grain farms and livestock operations.

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