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CHEMTRADE
LOGISTICS INCOME FUND ANNOUNCES MAY DISTRIBUTION
TORONTO,
May 20, 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 May 2003, payable on June 30, 2003 to unitholders
of record at the close of business on May 30, 2003.
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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