Vicwest Income Fund Announces Distribution for October 2008

    Toronto Stock Exchange: VIC.UN

    OAKVILLE, ON, Oct. 15 /CNW/ - Vicwest Income Fund ("Vicwest" or the
"Fund") (TSX: VIC.UN) announced today its cash distribution for the month of
October 2008. The monthly cash distribution of $0.13 per unit is payable on
November 20, 2008 to unitholders of record as of October 31, 2008.
    The Fund's distribution policy is for unitholders of record on the last
business day of a calendar month to receive distributions during the 30 days
following the end of such month. Holders of units who are non-residents of
Canada will be required to pay all withholding taxes payable in respect of any
distributions of income by the Fund.

    About Vicwest Income Fund

    The Fund is one of Canada's leading manufacturers and distributors of
construction building products, including metal roofing, siding and other
metal building products. Headquartered in Oakville, Ontario, it fabricates and
markets these products under the Vicwest, Mercury Metals, Valley Truss & Metal
and RCA Metal trade names. Under the Westeel trade name, the Fund is one of
Canada's foremost manufacturers of steel containment products for agricultural
storage of grain and fertilizer. Its liquid storage tanks and accessories are
manufactured and distributed under the trade names Westeel, Northern Steel
Industries and NSI. The Fund has 16 manufacturing facilities strategically
located across Canada with more than 1,000 dedicated employees committed to
providing superior quality products and delivering excellent service to
customers in domestic and international markets.

For further information:

For further information: Colin Osborne, President & Chief Executive
Officer, Vicwest Income Fund, Tel: (905) 469-5700, Fax: (905) 825-1090; John
Slattery, Executive VP & Chief Financial Officer, Vicwest Income Fund, Tel:
(905) 469-5706, Fax: (905) 825-1090

Organization Profile

Vicwest Inc.

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