The Canada Trust Company defers declaring fourth quarter distributions for Canada Trust Income Investments in light of upcoming unitholder vote



    TORONTO, Sept. 24 /CNW/ - As trustee for Canada Trust Income Investments
(the "Trust"), The Canada Trust Company (the "Trustee"), a subsidiary of The
Toronto-Dominion Bank, announced today that, in light of the matters being
voted on at the special meeting of unitholders of the Trust on Friday,
October 19, 2007 (the "Meeting"), the Trustee has deferred declaring the rate
of monthly distributions for October, November and December, 2007, until after
the Meeting.
    At the Meeting, the unitholders will be asked to vote on whether the
Trust should be terminated as soon as reasonably practicable in 2007. If the
unitholders vote not to terminate the Trust in 2007, they will vote on whether
the termination date of the Trust should be extended to December 31, 2018. If
the unitholders vote not to extend the termination date, the Trust will
terminate on December 31, 2008 as currently scheduled.
    Normally, the rate of monthly distributions for the Trust for an upcoming
quarter is declared during the current quarter. The rate for September 2007
was previously declared and will be paid to unitholders on October 19. If the
unitholders vote not to terminate the Trust in 2007, the Trustee will declare
the fourth quarter distributions shortly after the Meeting.
    The Trust is a closed-end income investment trust established under the
laws of the Province of Ontario. Its units trade on the Toronto Stock Exchange
under the symbol CNN.un.
    For more information: 
http://www.tdassetmanagement.com/Content/Products/CTII/p_OurFunds.asp

    About TD Bank Financial Group

    The Toronto-Dominion Bank and its subsidiaries are collectively known as
TD Bank Financial Group. TD Bank Financial Group serves more than 14 million
customers in four key businesses operating in a number of locations in key
financial centres around the globe: Canadian Personal and Commercial Banking
including TD Canada Trust; Wealth Management including TD Waterhouse and an
investment in TD Ameritrade; Wholesale Banking, including TD Securities; and
U.S. Personal and Commercial Banking through TD Banknorth. TD Bank Financial
Group also ranks among the world's leading on-line financial services firms,
with more than 4.5 million on line customers. TD Bank Financial Group had CDN$
404 billion in assets, as of July 31, 2007. The Toronto-Dominion Bank trades
on the Toronto and New York Stock Exchanges under the symbol "TD".





For further information:

For further information: Lisa Hodgins, TD Bank Financial Group, (416)
983-2982, lisa.hodgins@td.com


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