Noranda Income Fund First Quarter 2007 Results, Conference Call and Annual General Meeting



    TORONTO, April 20 /CNW/ - Noranda Income Fund will host its Annual
General Meeting at 10 a.m. on May 4, 2007 in the Gallery Room at the TSX
Broadcast & Conference Centre, The Exchange Tower, 130 King Street West,
Toronto, Ontario. We would be very pleased if you could join us. The First
Quarter 2007 results will be released in the afternoon of May 3, 2007.
    You can also listen to our Annual General Meeting and view the slide
presentation from our web site http://www.norandaincomefund.com/ in the
Investor Centre/Conference Calls section of the site.

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    The quarterly conference call will be held on May 4, 2007 at 2 p.m. EST.
To join us by telephone, please call 416-644-3421 five minutes prior to the
start time. North American callers may call toll free at 1-800-594-3790.
    In addition, it will be possible to listen to the teleconference and view
the slide presentation from our website http://www.norandaincomefund.com in
the Investor Centre/Conference Calls section of the site.
    A recording of the teleconference will be available by calling
416-640-1917 or 1-877-289-8525. You will need the pass code: 2122 8032
followed by the number sign and will be prompted for your name and company.
The 1-877 number is available only to calls originating in North America. The
results will be available until midnight on May 11, 2007.
    %SEDAR: 00017578EF




For further information:

For further information: Michael Boone, Vice-President and Chief
Financial Officer, tel: (416) 982-7188, mboone@xstrata.ca

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NORANDA INCOME FUND

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