March 15, 2007 01:00 ET

TerraVest Q4 Results Release Postponed Due to Medical Emergency

EDMONTON, ALBERTA--(CCNMatthews - March 15, 2007) - The release of 2006 financial results and management conference call for TerraVest Income Fund (TSX:TI.UN), scheduled for March 15, 2007, has been postponed. The delay is non-business related and the result of a motor vehicle collision on March 14, 2007, involving Tom Kileen, Chief Financial Officer, and Tim Zosel, Senior Vice President. Neither was seriously injured.

TerraVest Income Fund is an income trust whose Units trade on the Toronto Stock Exchange. Its mandate is to invest in a diversified group of income producing businesses to provide its Unitholders with stable and increasing cash returns. TerraVest has made six investments:

- RJV 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.

- Don Park is the largest fabricator and wholesaler of HVAC ducts and related equipment in Ontario.

- Diamond Energy Services is an oil and natural gas well servicing company operating in Saskatchewan and Alberta.

- Beco Industries 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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