TSX: SPF.UN
CALGARY, June 12 /CNW/ -
June 2008 Cash Distribution - $0.135 per Trust Unit
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Superior Plus Income Fund (the "Fund") today announced its cash distribution for the month of June 2008 of $0.135 per trust unit payable on July 15, 2008. The record date is June 30, 2008 and the ex-distribution date will be June 26, 2008. The Fund's annualized cash distribution rate is $1.62 per trust unit.
For tax purposes, the distributions are expected to substantially be taxable as "other income" to Unitholders. A summary of cash distributions since inception and tax information is posted under the Investor Information section of the Fund's website at: www.superiorplus.com.
About Superior Plus and the Fund
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Superior Plus Income Fund is a diversified business trust. The Fund holds 100% of Superior Plus LP, a limited partnership formed between Superior Plus Inc., as general partner and the Fund as limited partner. Superior Plus is focused on stability of distributions with value growth and has four Canadian based operating businesses: 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 industries and a regional Midwest supplier of chloralkali and potassium products; Winroc is a leading distributor of walls and ceilings construction products in North America; and Superior Energy Management provides fixed-price natural gas supply services in Ontario, Quebec, and British Columbia along with fixed-price electricity supply services in Ontario.
The Fund's trust units and convertible debentures trade on the Toronto Stock Exchange as follows:
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Trading Symbol Security Issued and Outstanding
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SPF.un Trust Units 88.4 million
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SPF.db.b 5.75% Debentures, Series 1 $174.9 million
principal amount
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SPF.db.c 5.85% Debentures, Series 1 $ 75.0 million
principal amount
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