KCP Income Fund To Hold Analyst/Shareholder Conference Call To Discuss First Quarter 2007 Financial Results

    TORONTO, April 23 /CNW/ - KCP Income Fund (TSX: KCP.UN) will hold a
conference call at 8:30 a.m. on May 2, 2007 to discuss financial results for
the first quarter of fiscal 2007. First quarter results will be released on
Tuesday, May 1, 2007.
    Chief Executive Officer David Cynamon cordially invites you to
participate in the call. A live webcast of the call will also be available.

                  KCP Income Fund Conference Call
             Date:                       May 2, 2007
             Time:                       8:30 a.m. ET
             Local Dial-In Number:       416-695-6120
             Toll Free Dial-In Number:   1-877-888-4605
             Reservation Number          T643054K

    To participate in the call, please dial 416-695-6120 or 1-877-888-4605
ten minutes before the start of the teleconference. This conference call will
be recorded and available for replay until June 1, 2007. To listen to the
replay, please dial 416-695-5275 or 1-888-509-0081, pass code 643054.

    Web Cast
    The live webcast can be accessed at
www.newswire.ca/en/webcast/viewEvent.cgi?eventID=1805980. Windows Media Player
is required to listen to the webcast. If you do not have the player, a free
download is available at www.microsoft.com. A rebroadcast of the webcast will
be archived for 30 days at www.newswire.ca/webcast.

    About KCP Income Fund

    With 19 integrated manufacturing facilities and 4 Kem Krest distribution
centers strategically located throughout North America, KCP (operating as KIK
Custom Products) is one of North America's largest custom manufacturers of
consumer products. KCP's product lines include Laundry, Household Cleaners,
Personal Care, OTC Medicated and Pharmaceutical, all supported by KCP's
in-house technical expertise and value-added services. KCP produces leading
consumer products for Fortune 500 companies including Albertsons,
Colgate-Palmolive, Dial, Johnson & Johnson, Kroger, Loblaws, L'Oreal, Procter
& Gamble, Safeway, SC Johnson, Sysco, Target, Unilever, Walgreens, and
    The Fund provides unitholders with monthly cash distributions. Trust
units are listed on the Toronto Stock Exchange under the symbol KCP.UN. There
are approximately 44.1 million units outstanding (approximately 49.3 million
units diluted).

For further information:

For further information: Sharon Mohr, VP & Treasurer, Tel: (905)

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