Zedcor IncTSXV: ZDC

Canadian Equipment Rental Fund Limited Partnership restates June 30, 2007 interim financial statements

· Issued by Zedcor Inc via CNW

CALGARY, Nov. 16 /CNW/ - Canadian Equipment Rental Fund Limited Partnership ("CERF LP") has restated its unaudited interim financial statements for the three and six months ended June 30, 2007 (the "Restated Statements").

The Restated Statements reflect an increase to the future income tax liability of CERF LP of $438,682.

CERF LP is a Canadian limited partnership engaged in the rental, sale and service of industrial and construction equipment. CERF LP trades on the TSX Venture Exchange under the symbol "CFL.UN" and currently has 5,440,033 Units issued and outstanding.

FORWARD LOOKING STATEMENTS

This press release contains forward-looking statements. These forward-looking statements are subject to various risk factors and uncertainties, which may cause the actual results, performances, cash flows or the ability to pay distributions to be materially different from the results, performances, cash flows or the ability to pay distributions expressed or implied by such forward-looking statements.

The TSX Venture Exchange does not accept responsibility for the adequacy

or accuracy of this release.