TransForce Income Fund declares regular cash distribution and special distribution
Montreal, Quebec, September 15, 2005 – TransForce Income Fund (TSX: TIF.UN), a leader in
the Canadian transportation and logistics industry, declared today its monthly distribution in the
amount of 0.11 $ per trust unit (and its economic equivalent paid as a dividend to the tracking
shareholders). The distribution will be paid on October 14, 2005 to trust unit holders or tracking
shareholders of record at the close of business on September 30, 2005.
Also, as announced on September 2, 2005, the Fund has declared a special distribution to
unitholders of the Fund and tracking shareholders of record at the close of business on September
30, 2005. The special distribution is in the amount of $0.56 per trust unit and its economic
equivalent per tracking share unit, and is payable on October 14, 2005.
The special distribution of $0.56 per unit will be paid to unitholders of the Fund through the
issuance of additional trust units. Its economic equivalent will be paid to tracking shareholders as a
cash dividend. The additional trust units will be issued at a price of $17.276 per unit, representing
the average closing price of the trust units of the Fund on the Toronto Stock Exchange for the five
trading days immediately prior to September 2, 2005. As a result, the Fund will issue 1,966,314
additional trust units, subject to rounding down of fractional units. There are currently 60,660,775
trust units and 13,798,416 tracking share units issued and outstanding.