November 2007 Cash Distribution

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[{"type":"text","content":"\n\n\n\nTSX:SPF.UN\n\n\nCALGARY, Nov. 7 /CNW/ -\n\n\nNovember 2007 Cash Distribution - $0.13 per Trust Unit\n\n\n------------------------------------------------------\n\n\nSuperior Plus Income Fund (the "Fund") today announced its cash\ndistribution for the month of November 2007 of $0.13 per trust unit payable on\nDecember 14, 2007. The record date is November 30, 2007 and the\nex-distribution date will be November 28, 2007. The Fund's current annualized\ncash distribution rate is $1.56 per trust unit.\n\n\nFor income tax purposes, the income from the November, 2007 cash\ndistribution of $0.13 per trust unit is considered to be other income. A\nsummary of cash distributions since inception and tax information is posted\nunder the Investor Information section of Superior's website at\nwww.superiorplus.com.\n\n\nDRIP\n\n\n----\n\n\nThe Fund has a Distribution Reinvestment Plan ("DRIP") available to its\nUnitholders. The DRIP allows participants to have their monthly cash\ndistributions reinvested in additional units of the Fund at an effective\ndiscount of 5% to the Fund's market price. The DRIP program offers Unitholders\nthe opportunity to steadily increase their ownership in the Fund without\ncommissions or brokerage fees. Further information on the DRIP is posted on\nthe Fund's website. Unitholders whose units are registered in the name of an\ninvestment banker, stockbroker, bank, trust company or other nominee should\ncontact such nominee if they wish to enrol in the plan.\n\n\nAbout Superior Plus and the Fund\n\n\n--------------------------------\n\n\nSuperior Plus Income Fund is a diversified business trust. The Fund holds\n100% of Superior Plus LP, a limited partnership formed between Superior Plus\nInc., as general partner and the Fund as limited partner. Superior Plus is\nfocused on stability of distributions with value growth and has four Canadian\nbased operating divisions: Superior Propane is Canada's largest distributor of\npropane, related products and services; ERCO Worldwide is a leading supplier\nof chemicals and technology to the pulp and paper industries and a regional\nMidwest supplier of chloralkali and potassium products; Winroc is the seventh\nlargest distributor of walls and ceilings construction products in North\nAmerica; and Superior Energy Management provides fixed-price natural g...

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