October 20, 2008
Boyd Group Income Fund Announces October 2008 Cash Distribution
Winnipeg, Manitoba - October 20, 2008
- Boyd Group Income Fund (TSX: BYD.UN) today announced a cash distribution for the month of October 2008 of $0.01875 per trust unit. The distribution will be payable on November 26, 2008 to unitholders of record at the close of business on October 31, 2008.
Boyd Group Income Fund’s policy is to pay monthly distributions to unitholders of record on or around the last business day of the month.
Holders of units who are non-residents of Canada will be subject to withholding taxes in respect of any distributions made by Boyd Group Income Fund. Any portions of distributions considered to be a dividend are eligible dividends for Canadian tax purposes.ON BEHALF OF THE BOARD OF TRUSTEES
of Boyd Group Income Fund
Mr. Terry Smith, CEOAbout The Boyd Group Income Fund
The Boyd Group Income Fund is an unincorporated, open-ended mutual fund trust created for the purposes of acquiring and holding certain investments, including a majority interest in The Boyd Group Inc. and its subsidiaries. The Boyd Group Inc. is the largest operator of collision repair centres in Canada and among the largest in North America. For more information on The Boyd Group Inc. or Boyd Group Income Fund, please visit our Web site at www.boydgroup.com
.For further information, please contact:
Tel: (204) 895-1244 (ext. 222)Terry.firstname.lastname@example.org
Tel: (416) 815-0700 or toll free 1-800-385-5451 (ext.228)email@example.comThis press release contains forward-looking statements, other than historical facts, which reflect the view of the Fund’s management with respect to future events. Such forward-looking statements reflect the current views of the Fund’s management and are made on the basis of information currently available. Although management believes that its expectations are reasonable, it can give no assurance that such expectations will prove to be correct. The forward-looking statements contained herein are subject to these factors and other risks, uncertainties and assumptions relating to the operations, results of operations and financial position of the Fund. The Fund assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those contemplated by the forward-looking statements.