IKO Enterprises Ltd. adds shares of Sun Gro Horticulture Income Fund

    TORONTO, March 28 /CNW/ - IKO Enterprises Ltd. ("IKO") today announced
that on March 27, 2008, it acquired, through the facilities of the Toronto
Stock Exchange, an aggregate of 1,000,000 trust units (the "Purchased Units")
of Sun Gro Horticulture Income Fund (the "Trust") at a price of $4.75 per
    As of March 28, 2008, the Purchased Units, together with 2,970,000 trust
units previously acquired by IKO and 381,100 trust units held by joint actors
of IKO, represented 19.53% of the outstanding trust units of the Trust. IKO
acquired the Purchased Units for investment purposes only, but reserves its
rights to increase or decrease its holdings in the Trust at any time.

    The IKO group of companies is a global leader in the manufacture and
supply of commercial and residential roofing products. Founded in Calgary,
Alberta, in 1951, the family-owned business has grown to include more than 20
manufacturing plants and 3000 employees worldwide. IKO's website may be found
at www.iko.com

For further information:

For further information: MEDIA CONTACT: Derek Fee, Manager - Corporate
Communications, IKO, (416) 780-5898, derek.fee@iko.com

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IKO Enterprises Ltd.

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