Vicwest Income Fund Announces $0.13 Distribution for July 2008



    OAKVILLE, ON, July 18 /CNW/ - (TSX: VIC.UN): Vicwest Income Fund (the
"Fund") announced today its cash distribution for the month of July 2008. The
monthly cash distribution of $0.13 per unit is payable on August 20, 2008 to
unitholders of record as of July 31, 2008.
    The Fund's policy is for unitholders of record on the last business day
of a calendar month to receive distributions during the thirty days following
the end of such month. Holders of units who are non-residents of Canada will
be required to pay all withholding taxes payable in respect of any
distributions of income by the Fund.

    About the Fund

    The Fund, headquartered in Oakville, Ontario, is one of Canada's leading
manufacturers and distributors of construction building products, including
metal roofing, siding and other metal building products. The Fund fabricates
and markets these products under the Vicwest, Mercury Metals and Valley Truss
& Metal trade names. Under the Westeel trade name, the Fund is one of Canada's
foremost manufacturers of steel containment products for agricultural storage
of grain and fertilizer. The Fund's liquid storage tanks and accessories are
manufactured and distributed under the trade names Westeel, Northern Steel
Industries and NSI. The Fund has 15 manufacturing facilities strategically
located throughout Canada with approximately 1,000 dedicated employees
committed to providing quality products and excellent service to customers in
domestic and international markets.

    This press release contains forward-looking information within the
meaning of applicable securities laws. Forward-looking information is subject
to certain factors, including risks and uncertainties, that could cause actual
results to differ materially from what the Fund currently expects and there
can be no assurance that such statements will prove to be accurate.
Accordingly, readers should not place undue reliance on forward-looking
statements. In particular, the Fund's expectations concerning future
distributions are subject to the risk factors detailed in the Fund's
continuous disclosure filings, and there can be no assurance that such
distributions will be made.
    Further information can be found in the disclosure documents filed by
Vicwest Income Fund with the securities regulatory authorities, available at
www.sedar.com and on the Fund's website www.vicwestfund.com.





For further information:

For further information: Mr. Colin Osborne, President and CEO, (905)
469-5700; Mr. John Slattery, Executive Vice President and CFO, (905) 469-5706

Organization Profile

Vicwest Inc.

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