RED DEER, AB, June 15 /CNW/ - Parkland Income Fund (TSX: PKI.UN) is
pleased to announce that a distribution of $0.0967 per trust unit will be
payable on July 13, 2007 to unitholders of record on June 29, 2007.
Parkland Income Fund operates retail and wholesale fuels and convenience
store businesses under its Fas Gas Plus, Fas Gas, Race Trac Fuels and Short
Stop Food Stores brands and through independent branded dealers, and
transports fuel through its Petrohaul division. With over 550 locations,
Parkland has developed a strong market niche in western and northern Canadian
non-urban markets. Through Neufeld and Joy the Fund markets propane, gasoline,
diesel, lubricants, industrial fluids, agricultural inputs and delivery
services to commercial and industrial customers in northern Alberta,
northeastern British Columbia and the Northwest Territories. To maximize value
for its unitholders, the Fund is focused on the continuous refinement of its
retail portfolio, increased revenue diversification through growth in non-fuel
revenues and active supply chain management. Parkland operates the Bowden
refinery near Red Deer, Alberta producing drilling fluids on a contract basis.
The Fund's units trade on the Toronto Stock Exchange (TSX) under the
symbol PKI.UN. For more information, visit www.parkland.ca.
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For further information:
For further information: Parkland Industries Ltd., Administrator of
Parkland Income Fund: Red Deer: Mike W. Chorlton, President and CEO, (403)
357-6400; John G. Schroeder, Vice President and CFO, (403) 357-6400