NEW YORK, Jan. 23 /CNW/ - Alden Global Capital (formerly BreakPoint
Capital Group - "Alden") announces that on January 15, 2008 it disposed of
110,900 trust units in Drive Products Income Fund (TSX: DPI.UN) ("DPI"),
reducing its interest in DPI to 652,800 units, representing an 8.56% interest
in DPI. Alden has exclusive control over the trust units in its capacity as
investment advisor for Alden Global Canada Fund, Ltd. and Alden Global Canada
Fund, L.P. This announcement is not an admission that Alden is a joint actor
with either of those beneficial owners.
The sale of the units was made through the facilities of the Toronto
Stock Exchange in the ordinary course of business for investment (portfolio
management) purposes. Alden may from time to time acquire additional trust
units of DPI, dispose of some or all of its existing or additional trust units
of DPI, or continue to hold the trust units in DPI in the normal course of
Alden's investment activities, subject to applicable securities laws.
About Alden Global Capital
Alden Global Capital (formerly BreakPoint Capital Group), is a New York,
New York based private asset management company.
For further information:
For further information: Heath Freeman, Managing Director, Portfolio
Manager - Canada, Alden Global Capital, 885 Third Avenue, 34th Floor, New
York, NY, 10022, Tel: (212) 888-5500