Zedcor IncTSXV: ZDC

Canadian Equipment Rental Fund Limited Partnership Announces $0.11 per Unit Quarterly Distribution

· Issued by Zedcor Inc via CNW

CALGARY, Dec. 11 /CNW/ - The board of directors of the general partner for Canadian Equipment Rental Fund Limited Partnership (the "Partnership"), is pleased to announce that they have approved a cash distribution for the fourth quarter of 2006 to the Partnership unitholders of $0.11 per unit. This is the second consecutive quarter that the Partnership has been able to distribute $0.11 per unit. Distributions for the year total $0.32 per unit. Payment will be made on or about January 10, 2007, to unitholders of record as of the close of business on December 27, 2006.

Investors are further cautioned that future distributions are always subject to approval from the board of directors of the general partner and may be increased, decreased or suspended by the board at any time.

CERFLP is a Canadian limited partnership engaged in the rental, sale and service of industrial and construction equipment. CERFLP trades on the TSX Venture Exchange under the symbol "CFL.UN" and currently has 4,914,119 units issued and outstanding.

FORWARD LOOKING STATEMENTS

This press release contains forward-looking statements subject to various risk factors and uncertainties, which may cause the actual results, performances or achievements of Canadian Equipment Rental Fund Limited Partnership to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements.

The TSX Venture Exchange does not accept responsibility for the adequacy

or accuracy of this release.

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