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Press Releases
2007

May 24 , 2007
Toronto, Ontario
Dominion Citrus Income Fund Announces Monthly Cash Distributions
Toronto, Ontario, May 24, 2007 - Dominion Citrus Income Fund (Toronto Stock Exchange: DOM.UN) ("Dominion", the "Fund") announces a cash distribution of $0.01 (one cent) per unit for the period from May 1, 2007 to May 31, 2007, payable on June 29, 2007 to unitholders of record on June 5, 2007. The Fund also announces a cash distribution of $0.01 (one cent) per unit for the period June 1, 2007 to June 30, 2007, payable on July 31, 2007 to unitholders of record on July 3, 2007.
About Dominion
The Fund is a publicly traded, unincorporated, open-ended limited purpose income trust. In early January 2006, all of the common shares of Dominion Citrus Limited (“DCL”) were exchanged for trust units of the Fund. The trust units are listed on the TSX under the symbol DOM.UN. The Series A preference shares of DCL continue to be listed on the TSX under the symbol DMN.PR.A.
Dominion is a diversified food company supplying fresh produce, premium juices and maple syrup to a wide variety of customers in retail, foodservice and food distribution businesses. The Fund provides procurement, processing, repacking, sorting, grading, warehousing and distribution services to its major domestic markets being Ontario and Québec. The Fund also supplies products to customers in the United States and Europe. The website may be accessed at
www.dominioncitrus.com.
Caution regarding Forward-Looking Statements
This release contains statements, which, to the extent that they are not a recitation of historical fact, may constitute “forward-looking statements”. Forward-looking statements may include financial and other projections, as well as statements regarding our future plans, objectives or performance, or our underlying assumptions. The words
"estimate", "anticipate", "believe", "expect",
"intend" or other similar expressions of future or conditional verbs such as
"will", "should", "would" and "could" are intended to identify forward-looking statements. Persons reading this press release are cautioned that such statements are only expectations, and that our actual results or performance may be materially different.
Forward-looking information involves certain risks, assumptions, uncertainties and other factors, which may cause actual future results to differ materially from those expressed or implied in any forward-looking statements.
Readers should not place undue reliance on these forward-looking statements when making decisions, and should consider the date to which the statements were made. Except as required by applicable security law, management disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Investors:
E.A. Atkinson
V.P. Finance, CFO &
Corporate Secretary
416 242 8341 Ext 249
email: t.atkinson@dominioncitrus.com
Media:
J.L. Lavergne
President & CEO
416 242 8341 Ext 250
email: j.lavergne@dominioncitrus.com |