Westshore Terminals Investment CorporationTSX: WTE

Westshore Terminals receives arbitration result

VANCOUVER, July 13 /CNW/ - Westshore Terminals Income Fund (TSX: WTE.UN)
(the "Fund") announced today that it has received the result in the
arbitration with Elk Valley Coal Partnership covering the contract for coal
shipped from the Elkview Mine. The arbitrator determined that there was no
basis on which to order a revision in the rates. Accordingly, the formula for
determining the loading rate which has been in force under the contract since
2000 continues for the remaining term of the contract to 2010. The rate is
based entirely on the Canadian dollar price received for coal loaded by
Westshore under the Elkview Contract.