January 16, 2009

Boyd Group Income Fund Announces January 2009 Cash Distribution

Not for distribution to U.S. newswire services or for dissemination in the United States.

Winnipeg, Manitoba — January 16, 2009 — Boyd Group Income Fund (TSX: BYD.UN) today announced a cash distribution for the month of January 2009 of $0.02 per trust unit. The distribution will be payable on February 25, 2009 to unitholders of record at the close of business on January 31, 2009.

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.

ON BEHALF OF THE BOARD OF TRUSTEES
of Boyd Group Income Fund

Mr. Terry Smith, CEO


About 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:
Terry Smith
CEO
Tel: (204) 895-1244 (ext. 222)
terry.smith@boydgroup.com

Bruce Wigle
Investor Relations
Tel: (416) 815-0700 or toll free 1-800-385-5451 (ext.228)
Corporate Headquarters
The Boyd Group Inc.

3570 Portage Avenue
Winnipeg, Manitoba, R3K 0Z8
Email: info@boydgroup.com
Tel: 204-895-1244
Fax: 204-895-1283