Iron Ore Company of Canada Dividend

TORONTO, March 2 /CNW/ - Labrador Iron Ore Royalty Income Fund announced that Iron Ore Company of Canada (IOC) has declared a dividend payable on March 30, 2010. The Fund's portion is U.S. $11,325,000 or about CDN. $11.9 million (CDN. $0.37 per unit).

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SOURCE LABRADOR IRON ORE ROYALTY INCOME FUND

For further information: For further information: Bruce C. Bone, Chairman & Chief Executive Officer, (416) 863-7133

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LABRADOR IRON ORE ROYALTY INCOME FUND

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