XS Cargo Income Fund

XS Cargo Income Fund

March 12, 2007 13:49 ET

XS Cargo Income Fund Fourth Quarter and Year End Results Conference Call and Webcast

EDMONTON, ALBERTA--(CCNMatthews - March 12, 2007) - XS Cargo Income Fund (TSX:XSC.UN) will host a conference call and audio webcast for analysts, investors and media on Monday, March 19, 2007 at 1:00 p.m. ET. Michael McKenna, President and Chief Executive Officer and Jeff Rootman, Vice-President, Finance and Chief Financial Officer will discuss the details of the fourth quarter and year end financial results, which will be released prior to markets opening on March 19, 2007.

To participate in the conference call, please dial (416) 695-5259 in the Toronto area or toll free at 1 (877) 461-2814 at least 10 minutes ahead of time. A replay of the conference call will be available approximately two hours after the event until midnight ET, March 26, 2007. To listen to the audio replay, call (416) 695-5275 in the Toronto area or toll free at 1 (888) 509-0081. Passcode: 641497.

The simultaneous webcast of the event will be available at: http://events.onlinebroadcasting.com/xscargo/031907/index.php or on the investor relations page of the www.xscargo.com website.

The Fund is an open-ended trust that holds, indirectly, a 51% interest in XS Cargo Limited Partnership ("XS Cargo LP"). XS Cargo LP is one of the largest broadline closeout retailers in Canada with 36 stores in the provinces of Alberta, British Columbia, Saskatchewan, Manitoba, Ontario, Newfoundland, Nova Scotia and New Brunswick. The Fund's trust units are listed on the Toronto Stock Exchange under the symbol "XSC.UN".

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