Teranet Income Fund to Hold Third Quarter Results Conference Call



    TORONTO, Oct. 31 /CNW/ - Teranet Income Fund (TSX: TF.UN) today announced
it will hold a conference call and live audio webcast on Wednesday,
November 14, 2007 at 10 a.m. (ET) to discuss the Fund's financial results for
the period ended September 30, 2007.
    A news release announcing the Fund's results will be issued prior to the
call.
    The call will be hosted by Aris Kaplanis, President and Chief Executive
Officer, and Brian Kyle, Chief Financial Officer. Following management's
presentation, there will be a question and answer session for analysts and
institutional investors.
    To participate in the teleconference, please dial (416) 644-3418 or
1-800-732-9303. To access the live audio webcast, please visit Teranet's web
site at www.teranet.ca.
    The call will be archived on the web site as a webcast and a podcast. A
replay of the conference call will be available until end of day on Wednesday,
November 21, 2007. To access the replay, please dial (416) 640-1917 or
1-877-289-8525 and enter the passcode 21250620 followed by the number sign.

    About Teranet Income Fund and Teranet

    Teranet Income Fund is an unincorporated, open-ended trust established
under the laws of Ontario by way of a declaration of trust. The Fund was
created to indirectly acquire all of the outstanding shares of Teranet Inc.
The units of the Fund trade on the Toronto Stock Exchange under the symbol
TF.UN.
    Teranet is a leading provider of integrated land-based information
products and services. Teranet operates in Ontario and provides access to the
Ontario Electronic Land Registration System ("ELRS") through its proprietary
Teraview(R) application. This product enables customers to conduct electronic
registrations as well as title and writ searches relating to real property.
Teranet has the exclusive right to access the data in and operate the ELRS and
the Writs of Execution database, and create and market value-added products
and services in connection with the ELRS and writs until March 31, 2017. These
licences extend on a non-exclusive basis in perpetuity for the ELRS and until
2047 for writs. Teranet has leveraged its core capabilities to create
electronic service offerings in complementary information and e-commerce
areas.





For further information:

For further information: Bonnie Foster, Vice President Corporate
Communications, (416) 643-1095, bonnie.foster@teranet.ca; Tanis Robinson,
Manager, Investor Relations, (416) 643-1096, tanis.robinson@teranet.ca

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TERANET INCOME FUND

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