Boyd Group Income Fund announces June 2008 cash distribution



    /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
    THE UNITED STATES/

    WINNIPEG, June 17 /CNW/ - Boyd Group Income Fund (TSX: BYD.UN) today
announced a cash distribution for the month of June 2008 of $0.0175 per trust
unit. The distribution will be payable on July 29, 2008 to unitholders of
record at the close of business on June 30, 2008.
    Boyd Group Income Fund's policy is to pay monthly distributions to
unitholders of record on or around the last business day of the month.
    Holders of units who are non-residents of Canada will be subject to
withholding taxes in respect of any distributions made by Boyd Group Income
Fund. Any portions of distributions considered to be a dividend are eligible
dividends for Canadian tax purposes.

    
                     ON BEHALF OF THE BOARD OF TRUSTEES
                          of Boyd Group Income Fund

                             Mr. Terry Smith, CEO
    

    About The Boyd Group Income Fund

    The Boyd Group Income Fund is an unincorporated, open-ended mutual fund
trust created for the purposes of acquiring and holding certain investments,
including a majority interest in The Boyd Group Inc. and its subsidiaries. The
Boyd Group Inc. is the largest operator of collision repair centres in Canada
and among the largest in North America. For more information on The Boyd Group
Inc. or Boyd Group Income Fund, please visit our Web site at
www.boydgroup.com.

    This press release contains forward-looking statements, other than
historical facts, which reflect the view of the Fund's management with respect
to future events. Such forward-looking statements reflect the current views of
the Fund's management and are made on the basis of information currently
available. Although management believes that its expectations are reasonable,
it can give no assurance that such expectations will prove to be correct. The
forward-looking statements contained herein are subject to these factors and
other risks, uncertainties and assumptions relating to the operations, results
of operations and financial position of the Fund. The Fund assumes no
obligation to update the forward-looking statements or to update the reasons
why actual results could differ from those contemplated by the forward-looking
statements.

    %SEDAR: 00018929E




For further information:

For further information: Terry Smith, CEO, Tel: (204) 895-1244 (ext.
222), Terry.smith@boydgroup.com; Bruce Wigle, Investor Relations, Tel: (416)
815-0700 or toll free 1-800-385-5451 (ext. 228), bwigle@equicomgroup.com


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