Liquor Barn to hold conference call Thursday, March 15, 2007

    Toronto Stock Exchange Symbol: LBN.UN

    EDMONTON, March 2 /CNW/ - Liquor Barn Income Fund (TSX: LBN.UN), a
leading operator of private liquor stores in Western Canada, will host a
conference call on March 15, 2007 to discuss its financial and operational
results for the period from April 3, 2006 to December 31, 2006, including a
review of Q4 results. Dr. John Mather, President and CEO of Liquor Barn GP
Inc., will chair the call, which will include a question-and-answer session
for participants.

    DATE:              Thursday, March 15, 2007
    TIME:              10:00 a.m., Eastern Daylight Time
    DIAL IN NUMBER:    416-644-3421 or 1-800-814-4862
    REFERENCE NUMBER:  21222194
    TAPED REPLAY:      416-640-1917 or 1-877-289-8525
                       Available until Thursday, March 22, 2007 at midnight.
    WEBCAST:           A live audio webcast of the call will be available at
              and The webcast
                       will be archived here for 90 days.

                       Please connect to the website at least 15 minutes
                       prior to the conference call to ensure adequate time
                       for any software download that may be needed to hear
                       the webcast.

    About Liquor Barn Income Fund
    Liquor Barn Income Fund is a publicly traded Canadian Income Fund that
owns a 60% interest in Liquor Barn Limited Partnership ("Liquor Barn"). Liquor
Barn, which currently operates 59 liquor stores in Alberta and eight in
British Columbia, is a leading operator of private liquor stores in Western
Canada by number of stores. The Fund's Units trade on the Toronto Stock
Exchange under the symbol LBN.UN. Additional information about Liquor Barn
Income Fund is available at

For further information:

For further information: Dr. John Mather, Chief Executive Officer,
Liquor Barn GP Inc., (780) 462-0190 ext 315; Jeff Wong, Chief Operating
Officer, Liquor Barn GP Inc., (780) 462-0190 ext 304; Les Wright, Chief
Financial Officer, Liquor Barn GP Inc., (780) 462-0190 ext 310

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