March 17, 2010
Boyd Group Income Fund Announces March 2010 Cash Distribution
Not for distribution to U.S. newswire services or for dissemination in the United States.
Winnipeg, Manitoba - March 17, 2010 - Boyd Group Income Fund (TSX: BYD.UN) today announced a cash distribution for the month of March 2010 of $0.025 per trust unit. The distribution will be payable on April 28, 2010 to unitholders of record at the close of business on March 31, 2010.
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. Brock Bulbuck, President & 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:
President & CEO
Tel: (204) 895-1244 (ext. 223)
Tel: (416) 815-0700 or toll free 1-800-385-5451 (ext.240)
This 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.
Boyd Group Services Inc.
1745 Ellice Avenue
Winnipeg, Manitoba, R3H 1A6