Osprey Media Income Fund announces distribution payable July 13, 2007

    MARKHAM, ON, June 13 /CNW/ - Osprey Media Income Fund (TSX: OSP.UN)
announces that a regular monthly cash distribution of $0.064 per Unit will be
paid on July 13, 2007 to holders of record of Units as at the close of
business on June 30, 2007 in respect of the period from June 1 to June 30,

    Osprey Media Income Fund is one of Canada's leading publishers of daily
and non-daily newspapers, magazines and specialty publications. Its
publications include 20 daily newspapers and 34 non-daily newspapers together
with shopping guides, magazines and other publications.

    %SEDAR: 00020458E

For further information:

For further information: John Leader, CFO & Senior Vice President,
Finance, Osprey Media Income Fund, (905) 752-1132 x 223,

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