OpenSky Capital Index Income Fund - Declaration of distribution

    MONTREAL, June 20 /CNW Telbec/ - TSX: OMP.UN, OpenSky Capital Index
Income Fund (the "Trust") declares a monthly cash distribution of $0.045 per
Unit for the period of June 1st to June 30th, 2007. The cash distribution will
be payable on July 13th, 2007 to Unitholders on record at the close of
business on June 29th, 2007. As of June 15th, 2007, the Net Asset Value per
Unit was $8.996.
    The Trust intends to pay to Unitholders a monthly cash distribution in an
amount which equals, to the extent possible, approximately 100% of the net
distributions generated on the securities which make up the portfolio (after
borrowing costs and other expenses).
    The trust also announces today, subject to regulatory approval, the
appointment of Mr. André Fok Kam to the board of directors of the trustee as
well as to the Independent Review Committee as its third independent member.

    The Trust has been designed to provide Unitholders with variable exposure
to an equally weighted portfolio of up to 32 Canadian income trusts based on
the top eight income trusts by float adjusted market capitalization as defined
by the S&P/TSX Capped Income Trust Index in each of the following four
sectors: (i) Diversified Business Trusts; (ii) Energy; (iii) Real Estate; and
(iv) Utilities.

For further information:

For further information: Serge Fecteau, OpenSky Capital, (514) 393-1818,

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