Distribution Change and Suspension

On March 17, 2008 Strongco Income Fund announced that the monthly cash distribution of $0.10 per unit ($1.20 per unit on an annualized basis) will be restructured into distributions consisting of $0.05 per unit in cash and an “in-kind” distribution of $0.05 per unit in equity, to be settled with additional units issued to unitholders, subject to regulatory approval. In-kind units will be issued at a deemed price equal to the volume-weighted average price of all units traded on the Toronto Stock Exchange on the 10 trading days preceding the applicable record date. Unitholders will receive cash in lieu of the issuance of fractional units. On August 12, 2008 the Fund announced a suspension of monthly distributions, beginning with the month ended August 31, 2008.