OpenSky Capital Index Income Fund - Declaration of distribution

    MONTREAL, Oct. 18 /CNW Telbec/ - TSX: OMP.UN, OpenSky Capital Index
Income Fund (the "Trust") declares a monthly cash distribution of $0.04 per
Unit for the period of October 1st to October 31st, 2007. The cash
distribution will be payable on November 15th, 2007 to Unitholders on record
at the close of business on October 31st, 2007. As at October 16th, 2007, the
Net Asset Value per Unit was $8.363.
    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 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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