Teranet Income Fund Announces Distribution for June 2008



    TORONTO, June 18 /CNW/ - Teranet Income Fund (TSX: TF.UN) today announced
a cash distribution of $0.0676 per unit for the period from June 1, 2008 to
June 30, 2008.
    The cash distribution will be paid on July 15, 2008, to Unitholders of
record at the close of business on June 30, 2008.

    About Teranet

    Teranet offers e-services to the legal, real estate, government,
financial and healthcare markets. Teranet provides exclusive access to
Ontario's Electronic Land Registration System ("ELRS"), enabling customers to
conduct electronic registrations as well as title and writ searches relating
to real property. Teranet has also leveraged its core competencies to create
electronic service offerings in complementary areas. Teranet's comprehensive
products and services include property information, transaction management,
collateral risk management, geospatial information, workflow software and
enterprise solutions. Teranet Income Fund units are listed on the Toronto
Stock Exchange under the symbol TF.UN. For more information about Teranet,
visit www.teranet.ca.





For further information:

For further information: Tanis Robinson, Manager, Investor Relations,
(416) 643-1096, tanis.robinson@teranet.ca

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TERANET INCOME FUND

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