AutoCanada Income Fund provides notice of release of 2006 year end and fourth quarter financial results and conference call

    EDMONTON, March 14 /CNW/ - AutoCanada Income Fund ("AutoCanada")
(TSX:ACQ.UN) will release its 2006 year end and fourth quarter financial
results on Thursday, March 22, 2007. Pat Priestner, Chief Executive Officer of
AutoCanada, will host an open conference call to discuss the results on
Friday, March 23, 2007, at 8:30 a.m. MST, 10:30 a.m. EST.
    To participate in the conference call, please dial 1-800-733-7571 or
1-416-644-3416 approximately 10 minutes prior to the call. An archived
recording of the call will be available shortly after the completion of the
call through Friday, March 30, 2007 by dialling 1-877-289-8525 or
1-416-640-1917 and entering pass code 21220928 followed by the number sign. A
live and archived audio Webcast of the conference call will also be available
on AutoCanada's website at

    About AutoCanada

    AutoCanada is Canada's only publicly traded entity with interests
exclusively in the operation of franchised automobile dealerships. Through its
54% interest in AutoCanada LP, it operates or manages 17 franchised automobile
dealerships in six provinces and has over 900 employees. AutoCanada currently
sells various new vehicle brands, including Chrysler, Dodge, Jeep, and
Hyundai. In 2005, 14 of the franchised automobile dealerships operated by the
Fund sold approximately 19,000 vehicles and processed approximately 204,000
service and collision repair orders in 223 service bays, generating revenue of
approximately $628 million.
    Additional information about AutoCanada Income Fund is available at and the Fund's website at

For further information:

For further information: Tom Orysiuk, CA, Executive Vice-President and
Chief Financial Officer, Phone: (780) 732-3139, Email:

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