Cargojet Income Fund Announces Timing of Third Quarter 2008 Results & Conference Call

    TORONTO, Oct. 21 /CNW/ - Cargojet Income Fund (the "Fund") (TSX: CJT.UN)
Cargojet in conjunction with the release of its Third Quarter 2008 Financial
Results, will host a conference call at 2:00p.m. Eastern Standard Time (11:00
a.m. Pacific Standard) on Wednesday, November 12, 2008.
    Ajay K. Virmani, President and Chief Executive Officer and Dan Mills,
Chief Financial Officer of Cargojet will review third quarter financial
results and corporate developments. The financial results will be released by
newswire on the morning of Wednesday, November 12, 2008 on SEDAR as well as on
the Fund's website at
    To participate in this conference call, please dial the following
number(s) approximately five minutes prior to the commencement of the call:

           Local Number:        416 695 9761
           Toll Free Number:    1 888 789 0089

    Please state you are participating in the Cargojet Income Fund Conference

    Should you be unable to participate, an instant replay will be available
until Wednesday, November 26, 2008 by dialing:

           Local Number:        416 695 5800
           Toll Free Number:    1 800 408 3053
           Access Code:         3273680 followed by the number sign

    We look forward to having you participate in our call.

    %SEDAR: 00022068E

For further information:

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

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