Davis + Henderson Income Fund Announces January 2008 Distribution



    TORONTO, Jan. 18 /CNW/ - Davis + Henderson Income Fund (TSX: DHF.UN)
announced today a cash distribution of $0.1430 per unit for the month of
January payable on February 29, 2008 to unitholders of record at the close of
business on January 31, 2008.
    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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