Exchange Industrial Income Fund Announces July 2008 Distribution



    (TSX: EIF.UN)

    WINNIPEG, July 17 /CNW/ - Mr. Mike Pyle, President and Chief Executive
Officer of Exchange Industrial Income Fund (the "Fund"), is pleased to
announce that the Trustees of the Fund have declared a cash distribution of
$0.125 per unit for the month ended July 31, 2008, payable August 15, 2008, to
unitholders of record at the close of business on July 31, 2008.
    Additional information relating to the Fund, including all public
filings, is available on SEDAR (www.sedar.com).

    Visit us at: www.eiif.ca.





For further information:

For further information: Mike Pyle, President and CEO, Exchange
Industrial Income Fund, 1067 Sherwin Road, Winnipeg, MB, R3H 0T8, Phone: (204)
982-1850, Fax: (204) 982-1855, E-mail: mpyle@eig.ca


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