Update Regarding Wind-Up of Coxe Global Agribusiness Income Fund

TORONTO, ONTARIO--(Marketwired - Oct. 3, 2016) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

As previously announced, BMO Nesbitt Burns Inc. (the "Administrator"), the administrator of Coxe Global Agribusiness Income Fund (TSX:CAG.UN) (the "Fund"), has decided to wind-up the Fund on October 18, 2016 or as soon as practicable after such date in accordance with the declaration of trust governing the Fund.

On October 3, 2016, following the completion of the conversion of the assets of the Fund to cash, and the satisfaction of, or provision for, all liabilities of the Fund, the net asset value ("NAV") of the units of the Fund (the "Units") was $7.8533 per Unit. The Units will be delisted from the Toronto Stock Exchange on or about October 18, 2016. Payment of the net assets of the Fund, on a pro rata basis based on the NAV of the Units, will be made on or about October 21, 2016. Following such distribution, the Fund will terminate.

Further information about Coxe Global Agribusiness Income Fund can be found at www.bmocm.com/investorsolutions under "Closed-End Funds".

Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect", "intend", "will", "estimate" and similar expressions to the extent they relate to the Fund and the Administrator. The forward-looking statements are not historical facts but reflect the current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Fund and the Administrator believe that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. Neither the Fund nor the Administrator undertake any obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.