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. << The Fund's trust units and convertible debentures trade on the Toronto Stock Exchange (the "TSX") as follows: Trading Symbol Security Issued and Outstanding ------------------------------------------------------------------------- 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 ------------------------------------------------------------------------- >>

