Mullen Group Income Fund announces October 2008 distribution



    OKOTOKS, AB, Oct. 17 /CNW/ - (TSX - MTL.UN) The Board of Directors of
Mullen Group Inc. announced today that a monthly distribution of $0.15 per
trust unit of Mullen Group Income Fund ("Mullen" or "Fund") has been declared
for the month of October, 2008. The distribution will be paid on November 17,
2008 to unitholders of record as of October 31, 2008. A distribution of
$0.15 per unit will also be paid to holders of Mullen Co. Limited Partnership
B Units using the same record date and payment date.

    Mullen is an open-ended income fund that owns a network of independently
operated businesses. Today the Mullen Group is recognized as the largest
provider of specialized transportation and related services to the oil and
natural gas industry in western Canada and as one of the leading suppliers of
trucking and logistics services in Canada - two sectors of the economy in
which the Fund has strong business relationships and industry leadership.
Administration of the Fund is delegated to Mullen Group Inc. which, in
addition to managing the Fund, provides management and financial expertise,
technology and systems support to its independent businesses.
    Mullen is a publicly traded income trust listed on the Toronto Stock
Exchange under the symbol "MTL.UN".  Additional information is available on
our website at www.mullen-group.com.

    %SEDAR: 00022408E




For further information:

For further information: Mr. Murray K. Mullen - Chairman and Chief
Executive Officer; Mr. Stephen H. Lockwood - President and Co-Chief Executive
Officer; Mr. David E. Olson - Vice President, Finance and Chief Financial
Officer; 121A - 31 Southridge Drive, Okotoks, Alberta, Canada, T1S 2N3, Tel:
(403) 995-5200, Fax: (403) 995-5296

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Mullen Group Ltd.

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