/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES/
HALIFAX, March 12 /CNW/ - (TSX:CLR.UN): Clearwater Seafoods Income Fund
(the "Fund") announced today a cash distribution of 5.00 cents per unit for
the month of March 2007, payable on or before April 13, 2007 to unitholders of
record on March 30, 2007.
Clearwater's policy is to pay the monthly distributions within 15 days
following each month end. Holders of units who are non-residents of Canada
will be required to pay all withholding taxes payable in respect of any
distributions of income by the Fund.
Clearwater is recognized for its consistent quality, wide diversity and
reliable delivery of premium seafood, including scallops, lobster, clams, cold
water shrimp, crab and groundfish.
Since its founding in 1976 Clearwater has invested in science, people,
technology, resource ownership and resource management to preserve and grow
its seafood resource. This commitment has allowed it to remain a leader in the
global seafood industry.
For further information:
For further information: Robert Wight, Chief Financial Officer,
Clearwater, (902) 457-2369; Tyrone Cotie, Director of Corporate Finance and
Investor Relations, Clearwater, (902) 457-8181