Canadian Equipment Rental Fund Limited Partnership Announces Special Distribution of $0.065 per Unit

    TSX Venture Symbol: CFL.UN

    CALGARY, April 13 /CNW/ - The board of directors of the general partner
for Canadian Equipment Rental Fund Limited Partnership ("CERF LP" or the
"Partnership"), is pleased to announce that, due to the strong performance of
fiscal 2006, they have approved a special cash distribution to the Partnership
unitholders of $0.065 per unit. Payment will be made on or about April 27,
2007, to unitholders of record as of the close of business on April 20, 2007.
This special distribution is not indicative of future performance.
    Investors are cautioned that future distributions are always subject to
approval from the board of directors of the general partner and may be
increased, decreased or suspended by the board at any time.

    CERF LP is a Canadian limited partnership engaged in the rental, sale and
service of industrial and construction equipment. CERFLP trades on the TSX
Venture Exchange under the symbol "CFL.UN" and currently has 5,158,596 units
issued and outstanding.


    This press release contains forward looking statements subject to various
risk factors and uncertainties, which may cause the actual results,
performances, cash flows or the ability to pay distributions to be materially
different from the results, performances, cash flow or the ability to pay
distributions expressed or implied by such forward looking statements.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.

    %SEDAR: 00022335E

For further information:

For further information: Wayne Wadley, President & CEO at (403)
850-4095, by fax at (403) 261-3834, by email at; or Ken
Stephens, CFO at (403) 298-8695, by email at

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