Exchange Industrial Income Fund Announces Graduating to TSX under new Symbol EIF.UN

    (TSXV: EIF.UN)

    WINNIPEG, March 13 /CNW/ - Exchange Industrial Income Fund (Exchange)
(EIF.UN TSX-V) is pleased to announce that its units will be listed for
trading on the Toronto Stock Exchange effective at the market opening on
Monday, March 17, 2008, under the new symbol "EIF.UN".
    "Graduating to the Toronto Stock Exchange is another important milestone
in our development. As Canada's senior Exchange, the TSX offers greater
national and international exposure for our Fund and its units, which should
benefit our existing unitholders and help attract new retail and institutional
investors," said Michael Pyle, C.E.O. of Exchange. "I would like to thank
everyone involved with Exchange for their hard work over the last several
years. Their dedication has allowed Exchange to advance to the TSX."


    The Fund is a diversified, acquisition-oriented income trust, focused on
opportunities in the industrial products and transportation sectors which are
ideally suited for public markets except for their size. The strategy of the
Fund is to invest in profitable, well-established companies with strong cash
flows operating in niche markets in Canada and/or the United States. The
objectives of the Fund are: (i) to provide Unitholders with stable and growing
cash distributions; (ii) to maximize Unit value through on-going active
monitoring of its subsidiaries; and (iii) the continuing acquisition of
additional companies or businesses or interests therein in order to expand and
diversify the Fund's investments.
    It is currently operating in two niche business segments: aviation and
specialty manufacturing. The aviation segment consists of Perimeter Aviation
Ltd. and Keewatin Air Limited and the specialty manufacturing segment consists
of Jasper Tank Ltd., Overlanders Manufacturing LP, Water Blast Manufacturing
LP, which includes Water Blast Grande Prairie Ltd. and Water Blast
Manufacturing B.C. Ltd. and Stainless Fabrication, Inc.
    Additional information relating to the Fund, including all public
filings, is available on SEDAR (

    The TSX Venture Exchange has neither approved nor disapproved the
    contents of this press release.

    Visit us at:

For further information:

For further information: Mike Pyle, President and CEO, Exchange
Industrial Income Fund, 1067 Sherwin Road, Winnipeg, MB, R3H 0T8, Phone: (204)
982-1850, Fax: (204) 982-1855, E-mail:

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