Osprey Media Income Fund announces distribution payable April 13, 2007



    MARKHAM, ON, March 19 /CNW/ - Osprey Media Income Fund (TSX: OSP.UN)
announces that a regular monthly cash distribution of $0.064 per Unit will be
paid on April 13, 2007 to holders of record of Units as at the close of
business on March 31, 2007 in respect of the period from March 1 to March 31,
2007.

    Osprey Media Income Fund is one of Canada's leading publishers of daily
and non-daily newspapers, magazines and specialty publications. Its
publications include 21 daily newspapers and 33 non-daily newspapers together
with shopping guides, magazines and other publications.

    %SEDAR: 00020458E




For further information:

For further information: John Leader, CFO & Senior Vice President,
Finance, Osprey Media Income Fund, (905) 752-1132 x 223,
jleader@ospreymedia.ca

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OSPREY MEDIA INCOME FUND

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