Teranet Income Fund to Hold 2008 Second Quarter Results Conference Call

    TORONTO, July 24 /CNW/ - Teranet Income Fund (TSX: TF.UN) today announced
it will hold a conference call and live audio webcast on Friday, August 8,
2008 at 10 a.m. (ET) to discuss the Fund's financial results for the period
ended June 30, 2008.

    Q2 2008 Conference Call Details

    Date:        August 8, 2008
    Time:        10:00 am (ET)
    Live Call:   416-915-5762 or 1-800-814-4890
    Replay:      416-640-1917 or 1-877-289-8525, passcode 21278341
    Webcast:     Audio available at www.teranet.ca

    A news release announcing the Fund's results will be issued prior to the
call. Management's discussion and analysis and consolidated financial
statements and accompanying notes will be available on the company's web site
at www.teranet.ca before 7:00 a.m.
    The call will be hosted by Aris Kaplanis, President and Chief Executive
Officer, and Brian Kyle, Vice President Finance and Chief Financial Officer.
Following management's presentation, there will be a question and answer
session for analysts and institutional investors.

    About Teranet

    Teranet offers e-services to the legal, real estate, government,
financial and healthcare markets. Teranet provides exclusive access to
Ontario's Electronic Land Registration System ("ELRS"), enabling customers to
conduct electronic registrations as well as title and writ searches relating
to real property. Teranet has also leveraged its core competencies to create
electronic service offerings in complementary areas. Teranet's comprehensive
products and services include property information, transaction management,
collateral risk management, geospatial information, workflow software and
enterprise solutions. Teranet Income Fund units are listed on the Toronto
Stock Exchange under the symbol TF.UN. For more information about Teranet,
visit www.teranet.ca.

For further information:

For further information: Tanis Robinson, Manager, Investor Relations,
(416) 643-1096, tanis.robinson@teranet.ca

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