Carfinco Income Fund Declares Cash Distribution for March 2007



    TSX: CFN.UN

    EDMONTON, March 9 /CNW/ -  Carfinco Income Fund ("Carfinco" or the
"Fund") announces that a cash distribution of $0.027 per trust unit has been
declared for March 2007, with a payable date of March 30, 2007, to Unitholders
of record on March 20, 2007. The ex-distribution date is March 16, 2007. This
brings the total year-to-date distribution per unit to $0.081.

    About Carfinco Income Fund

    A growth-oriented income trust, Carfinco focuses on providing consumer
car loans to borrowers unable to obtain financing through traditional lending
sources. A network of select independent and franchise dealerships offer
Carfinco's payment plan to their customers who must, along with the vehicle,
meet Carfinco's stringent credit criteria.
    The units of the Fund trade on the Toronto Stock Exchange under the
symbol "CFN.UN".

    Caution Regarding Forward-Looking Statements - This news release contains
certain forward-looking statements, including statements regarding the
business and anticipated financial performance of the Fund. These statements
are subject to a number of risks and uncertainties. Actual results may differ
materially from results contemplated by the forward-looking statements. When
relying on forward-looking statements to make decisions, investors and others
should carefully consider the foregoing factors and other uncertainties and
should not place undue reliance on such forward-looking statements. The Fund
does not undertake to update any forward-looking statements, oral or written,
made by itself or on its behalf.
    %SEDAR: 00019164E




For further information:

For further information: Mr. Tracy A. Graf, CEO & Trustee of Carfinco
Income Fund, Telephone: 1-888-486-4356, Facsimile: 1-888-486-7456, E-mail:
tgraf@carfinco.com

Organization Profile

Carfinco Financial Group Inc.

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