Davis + Henderson Income Fund Announces July 2009 Distribution

    TORONTO, July 20 /CNW/ - Davis + Henderson Income Fund (TSX: DHF.UN)
announced today a cash distribution of $0.1533 per unit for the month of July
payable on August 31, 2009 to unitholders of record at the close of business
on July 31, 2009.
    Davis + Henderson Income Fund's policy is to pay monthly distributions to
unitholders of record on the last business day of each month. Holders of units
who are non-residents of Canada will be required to pay all withholding taxes
payable in respect of any distributions of income by the Fund.

    Davis + Henderson uses its market-leading capabilities to meet the
evolving needs of the financial services industry in Canada and abroad.
Founded in 1875, the company today provides innovative programs to customers
who offer chequing and credit card accounts, and a comprehensive array of
technology-based solutions to support our customers' credit lifecycle
management services. Davis + Henderson Income Fund is listed on the Toronto
Stock Exchange under the symbol DHF.UN. Further information can be found in
the disclosure documents filed by Davis + Henderson Income Fund with the
securities regulatory authorities, available at www.sedar.com.

    %SEDAR: 00017092EF

For further information: Robert Cronin, Chief Executive Officer, Davis +
Henderson, Limited Partnership, Tel: (416) 696-7700; Catherine Martin, Chief
Financial Officer, Davis + Henderson, Limited Partnership, Tel: (416)
696-7700; Website: www.dhltd.com