Noranda Income Fund Fourth Quarter 2006 Results and Conference Call

    TORONTO, Jan. 31 /CNW/ - Noranda Income Fund will host its quarterly
conference call on Monday, February 19, 2007 at 4:30 p.m. EST. To join us by
telephone, please call 416-644-3414 five minutes prior to the start time.
North American callers may call toll free at 1-800-733-7560.
    In addition, it will be possible to listen to the teleconference and view
the slide presentation from our website in
the Investor Centre/Conference Calls section of the site.
    A recording of the teleconference will be available by calling
416-640-1917 or 1-877-289-8525. You will need the pass code: 2121 8443
followed by the number sign and will be prompted for your name and company.
The 1-877 number is available only to calls originating in North America. The
results will be available until midnight on February 26, 2007.
    %SEDAR: 00017578EF

For further information:

For further information: Michael Boone, Vice President and Chief
Financial Officer, (416) 982-7188,

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