Superior Plus CorpTSX: SPB

June 2006 Cash Distribution - $0.13 per Trust Unit

· Issued by Superior Plus Corp via CNW
TSX: SPF.UN

CALGARY, June 8 /CNW/ - Superior Plus Income Fund (the "Fund") today
announced its cash distribution for the month of June 2006 of $0.13 (13.0
cents) per trust unit payable on July 14, 2006. The record date is June 30,
2006 and the ex-distribution date will be June 28, 2006. The Fund's current
annualized cash distribution rate is $1.56 per trust unit.
For income tax purposes, the income from the June 2006 cash distribution
of $0.13 per trust unit is considered to be "other income".
A summary of cash distributions since inception and tax information is
posted under the Investor Information section of Superior's website at:
www.superiorplus.com.

About Superior Plus and the Fund
--------------------------------
The Fund holds 100% of Superior Plus Inc., which has five operating
divisions: Superior Propane is Canada's largest distributor of propane,
related products and services; ERCO Worldwide is a leading supplier of
chemicals and technology to the pulp and paper and water treatment industries
and the third largest producer of potassium products in North America; JW
Aluminum is a leading manufacturer of specialty, flat-rolled aluminum products
in the United States; Winroc is the seventh largest distributor of walls and
ceilings construction products in North America; and Superior Energy
Management provides fixed price natural gas supply services in Ontario and
Quebec.

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The Fund's trust units and convertible debentures trade on the Toronto
Stock Exchange (the "TSX") as follows:

Trading Symbol         Security              Issued and Outstanding
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SPF.un          Trust Units                        85.5 million
SPF.db          8% Debentures, Series 1   $  8.1 million principal amount
SPF.db.a        8% Debentures, Series 2   $ 59.0 million principal amount
SPF.db.b        5.75% Debentures          $174.9 million principal amount
SPF.db.c        5.85% Debentures          $ 75.0 million principal amount
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>>