OFI Income Fund announces October 2007 Distribution



    OTTAWA, Oct. 11 /CNW/ - OFI Income Fund (OFB.un) announced today that the
Board of Trustees has approved a cash distribution for the month of October
2007 of $ 0.065 per Fund unit covering the period of October 1, 2007 to
October 31, 2007, which will be paid on November 15, 2007 to unitholders of
record at the close of business on October 31, 2007. This is the same level of
distributions set in June by the Board of Trustees.

    About OFI Income Fund
    OFI income Fund is an unincorporated, open-ended trust established under
the laws of the Province of Ontario, created to indirectly acquire and hold
interest in the outstanding limited partnership units of OFI L.P. ("LP
Units").

    About OFI
    Since 1980, OFI has been manufacturing and distributing a broad range of
fibreglass insulation products including ceiling tiles designed for thermal
and acoustical applications. OFI products are destined for the residential as
well as non-residential/industrial markets in Canada, the US and overseas. OFI
manufactures under a low-cost operating structure and has been profitable for
the past 23 years.

    %SEDAR: 00022462E




For further information:

For further information: Catherine Skarzenski, Executive Vice-President
and Chief Financial Officer, Tel: (613) 247-7116, Fax: (613) 736-7281,
Investors@OFIincomefund.com

Organization Profile

OFI INCOME FUND

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