OCEANEX INCOME FUND confirms cash distribution payable in April 2007



    MONTREAL, March 27 /CNW Telbec/ - (TSX: OAX.UN) OCEANEX INCOME FUND
("Oceanex") today confirms, for the 111th consecutive month, a cash
distribution of $0.0937 per trust unit. This monthly distribution will be paid
on April 13, 2007 to all unitholders of record on April 6, 2007.
    With  the  distribution  of  April  2007,  Oceanex  will  have  paid  a 
total  of  $1.1244  per  trust  unit during the previous twelve-month period
(April 2006 through March 2007) and $10.39 per trust unit since inception in
January 1998.
    Oceanex expects to continue its monthly distribution of $0.0937 per trust
unit.

    Oceanex  is  a  Montreal  based  limited  purpose  trust  that  operates 
through  its  wholly  owned subsidiary,  an  intermodal  transportation 
business  in  Canada. Trust  units  of  OCEANEX INCOME FUND are traded on the
Toronto Stock Exchange under the symbol "OAX.UN".
    Learn more about us at the Oceanex website (oceanex.com).
    %SEDAR: 00009429EF




For further information:

For further information: Daniel Bélisle at (514) 875-9244

Organization Profile

OCEANEX INCOME FUND

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890