Davis + Henderson Income Fund Announces April 2007 Distribution



    TORONTO, April 18 /CNW/ - Davis + Henderson Income Fund (TSX: DHF.UN)
announced today a cash distribution of $0.1320 per unit for the month of April
payable on May 31, 2007 to unitholders of record at the close of business on
April 30, 2007.
    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 and its predecessors have been serving the Canadian
financial services industry since 1875. Through integrated service offerings,
Davis + Henderson is a market leader in providing programs to customers who
offer chequing account and lending services within Canada. Davis + Henderson
Income Fund is listed on the Toronto Stock Exchange, 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:

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


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