CHEMTRADE
LOGISTICS INCOME FUND ANNOUNCES FEBRUARY DISTRIBUTION
Supplemental
distribution declared for quarter ended December 31, 2002
TORONTO,
February 17, 2003 - Chemtrade
Logistics Income Fund (TSX: CHE.UN) today announced that it
has declared a cash distribution of $0.11 per unit for the
month of February 2003 payable on March 31, 2003 to unitholders
of record at the close of business on February 28, 2003.
Chemtrade
Logistics also announced that it has declared a supplemental
distribution of $0.10 per unit for the quarter ended December
31, 2002, payable on February 28, 2003 to unitholders of record
at the close of business on February 26, 2003.
Distributions
for the fourth quarter of 2002, including those declared monthly
and the supplemental distribution, total $0.40 per unit.
Holders
of units who are non-residents of Canada will be required to
pay all withholding taxes payable in respect of any distributions
of income by the Fund, whether such distributions are in the
form of cash or additional units.
For
further information:
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Mark
Davis
President and CEO
Tel:
(416) 496-4176
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Victor
Wells
Vice President, Finance & CFO
Tel:
(416) 496-4177
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