TORONTO, Aug. 27 /CNW/ - West Face Capital Inc. and Clearwater Capital
Management Inc. announced today that they and certain others, which in
the aggregate hold or control in excess of 10% of the outstanding
priority units issued by Noranda Income Fund, have undertaken
arrangements to requisition a unitholder meeting, for the purposes of
replacing the independent trustees of Noranda Operating Trust. Notice
of the requisition was delivered to the independent committee of
trustees on August 26, 2010.