Westshore Terminals Investment CorporationTSX: WTE

Westshore Terminals receives Court of Appeal decision

· Issued by Westshore Terminals Investment Corporation via CNW

VANCOUVER, April 15 /CNW/ - Westshore Terminals Income Fund (TSX: WTE.UN) (the "Fund") announced today that it has received the decision from the Court of Appeal for British Columbia concerning the appeal by Elk Valley Coal Partnership of the arbitrator's decision covering the contract for coal shipped from the Elkview Mine. The Court of Appeal has ruled that no appeal lies from the arbitrator's decision. The arbitrator's decision was rendered in July 2006 in favour of Westshore. 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.