CHEMTRADE LOGISTICS INCOME FUND DECLARES MAY DISTRIBUTION

TORONTO, May 21, 2008 – Chemtrade Logistics Income Fund (TSX: CHE.UN) today announced that it has declared a cash distribution of $0.10 per unit for the month of May 2008 payable on June 30, 2008 to unitholders of record at the close of business on May 30, 2008.

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.