Bird Construction Income Fund Announces Progressive Award of Suncor Firebag Administration Complex and Village Camp Core Projects Totalling $177 Million

    TORONTO, Dec. 13 /CNW/ - Bird Construction Income Fund announced that
Bird Construction Company has been awarded contracts valued at $177 million
for the construction of the Suncor Firebag Administration Complex and Village
Camp Core at an oil sands plant north of Fort McMurray, Alberta. Due to the
nature of the work and current market conditions, the work is being awarded in
segments on a progressive basis by the owner. Construction is underway and the
work awarded to date is scheduled for completion in 2009.
    After deducting construction revenue and backlog included in the Fund's
financial statements and MD&A up to September 30, 2007, these recent awards
will add an additional $143 million to its backlog.

    This press release contains forward-looking statements that involve a
number of risks and uncertainties because they relate to events and depend on
circumstances that will occur in the future. Many factors could cause actual
results and developments to differ materially from those expressed or implied
by these forward-looking statements.

    The Toronto Stock Exchange does not accept responsibility for the
    adequacy or accuracy of this release.

For further information:

For further information: P.A. Charette, Chairman and C.E.O., Bird
Construction Company Limited as Administrator of Bird Construction Income
Fund, 5405 Eglinton Avenue West, Suite 206, Toronto, ON, M9C 5K6, Phone: (4l6)
620-7122, Fax: (416) 620-1516

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Bird Construction Income Fund

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