TSXgroup

March 13, 2008

Exchange Industrial Income Fund - An application has been granted for the original listing in the Industrial category of 7,584,486 Class A trust units (the “Units”) of Exchange Industrial Income Fund (the “Fund”), of which 5,810,546 are issued and outstanding, and 1,773,940 are reserved for issuance.

The Units of the Fund will be listed and posted for trading at the opening on Monday, March 17, 2008.

Stock Symbol: "EIF.UN"
CUSIP: 301285 10 2
Trading Currency: CDN$

Temporary Market Maker: Raymond James Ltd.

Other Markets: The Units of the Fund were listed on TSX Venture Exchange on May 6, 2004 and will be delisted from TSX Venture Exchange on March 17, 2008.

Head Office Address: 1067 Sherwin Road
Winnipeg, Manitoba
R3H 0T8

Email Address: dspencer@eig.ca

Head Office Telephone Number: (204) 982-1852

Fax Number: (204) 982-1855

Investor Relations: Dianne Spencer
Tel: (204) 982-1852
Email: dspencer@eig.ca

Chief Financial Officer: Adam Terwin

Secretary: Edward Warkentin

Incorporation: The Fund is an unincorporated open-ended trust established under the laws of the Province of Manitoba pursuant to the amended and restated Declaration of Trust dated as of March 22, 2004.

Fiscal Year End: December 31

Nature of Business: The Fund is a diversified, acquisition-oriented income trust focused on acquisition opportunities in the industrial products and transportation sectors. The business plan of the Fund is to invest in profitable, well-established companies with strong cash flows operating in niche markets in Canada and/or the United States. The objectives of the Fund are: (i) to provide Unitholders with stable and growing cash distributions; (ii) to maximize Unit value through on-going active monitoring of its subsidiaries; and (iii) the continuing acquisition of additional companies or businesses or interests therein in order to expand and diversify the Fund’s investments.

Transfer Agent & Registrar: CIBC Mellon Trust Company of Canada at its principal offices in Toronto and Calgary.

Distributions: The Fund increased its monthly distribution per Unit to $0.125 for the month ended November 30, 2007 and subsequent months. Although cash distributions are not assured and may be reduced, suspended or discontinued at any time, the Trustees intend to continue to make monthly cash distributions of the Fund’s available cash to the maximum extent possible. Cash distributions are made to the Unitholders of record on the last day of each calendar month (unless such day is not a business day, in which case the date of record shall be the prior business day) and shall be payable on the 15th day of the following month or, if such day is not a business day, the prior business day or such other date as determined from time to time by the Trustees.