Ajay Virmani featured on Stars & Dogs BNN (ROBTv)

    MISSISSAUGA, ON, Jan. 23 /CNW/ - Cargojet Income Fund (the "Fund") (TSX:
CJT.UN) announced today that Ajay K. Virmani, President and Chief Executive
Officer of the Fund, will be featured on the BNN production of Stars & Dogs on
Wednesday, January 23, 2008 at 6:00pm. Alternatively the interview may be seen
by web cast on www.bnn.ca.
    Stars & Dogs provides an inside look on which stocks performed well and
which ones fell flat on the daily markets. Kim Parlee and Andrew Bell dig
through the details and tell the stories behind those market moves that affect
    Mr. Virmani has been invited to be interviewed on the "Stars & Dogs" by
its hosts Kim Parlee and Andrew Bell as a result of Cargojet's solid
performance on the TSX. "I am honoured to be invited to the production of
Stars & Dogs and have an opportunity to discuss Cargojet's business model and
continued solid financial performance," said Ajay K. Virmani, President and
CEO of the Fund.

    BNN is Canada's most trusted business source and provides daily access to
the brightest financial and business experts in Canada. BNN is also Canada's
first and only all business news station to webcast on the Internet.

    Cargojet is Canada's leading provider of time sensitive overnight air
cargo services. Cargojet operates its network across North America
transporting over 840,000 pounds of time sensitive air cargo each business
night, utilizing a fleet of twenty all cargo aircraft.

    Notice on Forward Looking Statements:

    Certain statements contained herein constitute "forward-looking
statements." Forward-looking statements look into the future and provide an
opinion as to the effect of certain events and trends on the business.
Forward-looking statements may include words such as "plans," "intends,"
"anticipates," "should," "estimates," "expects," "believes," "indicates,"
"targeting," "suggests" and similar expressions. These forward-looking
statements are based on current expectations and entail various risks and
uncertainties. Actual results may materially differ from expectations, if
known and unknown risks or uncertainties affect our business, or if our
estimates or assumptions prove inaccurate. The issuer assumes no obligation to
update or revise any forward-looking statement, whether as a result of new
information, future events or any other reason.

    %SEDAR: 00022068E

For further information:

For further information: P. Dhillon, Vice President Marketing, Public &
Government Relations, Tel: (905) 501-7373, pdhillon@cargojet.com

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