TERRAVEST INCOME FUND

TERRAVEST INCOME FUND

March 22, 2005 14:42 ET

TerraVest Income Fund Announces March 2005 Distribution


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: TERRAVEST INCOME FUND

TSX SYMBOL: TI.UN

MARCH 22, 2005 - 14:42 ET

TerraVest Income Fund Announces March 2005 Distribution

EDMONTON, ALBERTA and VEGREVILLE, ALBERTA--(CCNMatthews - March 22,
2005) - TerraVest Income Fund (TSX:TI.UN) announced today that it has
declared a cash distribution of $0.09667 per unit for the month ended
March 31, 2005, payable on April 15, 2005 to unitholders of record at
the close of business on March 31, 2005. The ex-distribution date is
March 29, 2005.

TerraVest Income Fund is an open-ended investment trust established for
the purposes of investing in a diversified group of income producing
businesses. The Fund currently has three operating divisions, R.J.V. Gas
Field Services, Stylus Made to Order Sofas and Ezee-On Manufacturing.
R.J.V. is one of the largest providers of wellhead processing equipment
for the Canadian natural gas industry. Stylus is one of Canada's leading
made-to-order upholstered furniture manufacturers. Ezee-On manufactures
heavy duty equipment for large acreage grain farms and livestock
operations.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    TerraVest Income Fund
    J. Patrick Howe
    Investor Relations
    (416) 929-0512
    (416) 929-2609 (FAX)
    or
    TerraVest Income Fund
    Thomas S. Kileen
    Chief Financial Officer
    (612) 215-6132
    (612) 215-6139 (FAX)