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CHEMTRADE LOGISTICS INCOME FUND ANNOUNCES APRIL DISTRIBUTION

Supplemental distribution declared for quarter ended March 31, 2005

TORONTO, April 20, 2005 - 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 April 2005 payable on May 31, 2005 to unitholders of record at the close of business on April 29, 2005.

Chemtrade Logistics also announced that it has declared a supplemental distribution of $0.12 per unit for the quarter ended March 31, 2005, payable on April 29, 2005 to unitholders of record at the close of business on April 27, 2005.

Distributions for the first quarter of 2005, including those declared monthly and the supplemental distribution, total $0.45 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.

For further information:

Mark Davis
President and CEO

Tel: (416) 496-4176

Victor Wells
Vice President, Finance & CFO

Tel: (416) 496-4177

 


 

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