YIELDPLUS Income Fund - 2007 Distributions Increased

    TORONTO, Sept. 19 /CNW/ - As previously announced in connection with the
merger of four investment funds into YIELDPLUS Income Fund, YIELDPLUS will be
increasing its monthly distribution rate from $0.08 per unit to $0.10 per
unit. Revised distributions for the balance of 2007 will be payable to
unitholders of YIELDPLUS as follows:

                                                           Distribution Per
    Record Date                  Payable Date                 Trust Unit
    September 30, 2007         October 15, 2007                 $0.10
    October 31, 2007           November 15, 2007                $0.10
    November 30, 2007          December 14, 2007                $0.10
    December 31, 2007          January 15, 2008                 $0.10

    The trust units trade on the Toronto Stock Exchange under the symbol

    This press release contains forward-looking information. The
forward-looking information contained in this press release is based on
historical information concerning the distributions and dividends paid on the
securities of issuers historically included in the portfolio of YIELDPLUS
Income Fund. Actual future results, including the amount of distributions paid
by the Fund, may differ from the monthly distribution amount. Specifically,
the income from which distributions are paid may vary significantly due to:
changes in portfolio composition; changes in distributions and dividends paid
by issuers of securities included in the Fund's portfolio from time to time;
there being no assurance that those issuers will pay distributions or
dividends on their securities; the declaration of distributions and dividends
by issuers of securities included in the portfolio will generally depend upon
various factors, including the financial condition of each issuer and general
economic and stock market conditions; and the uncertainty of realizing capital
gains. The risks, uncertainties and other factors that could influence actual
results are described under "Risk Factors" in the Fund's prospectus dated
August 30, 2004 and other documents filed by the Fund with the Canadian
securities regulatory authorities. The forward-looking information contained
in this press release constitutes the Fund's current estimate, as of the date
of this press release, with respect to the matters covered hereby. Investors
and others should not assume that any forward-looking statement contained in
this press release represents the Fund's estimate as of any date other than
the date of this press release.

For further information:

For further information: please visit our website at www.middlefield.com
or contact the undersigned: Nancy Tham, Senior Vice President, (416) 847-5349

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