VICWEST INCOME FUND TO HOST THIRD QUARTER CONFERENCE CALL NOVEMBER 4, 2010

Toronto Stock Exchange: VIC.UN, VIC.DB

OAKVILLE, ON, Oct. 20, 2010 /CNW/ - Vicwest Income Fund (the "Fund") today announced it will report its financial results for the third quarter of 2010 after TSX market close on November 3, 2010.

It then plans to host its third quarter 2010 conference call and webcast on November 4, 2010 at 11 a.m. ET. The conference call will be hosted by Colin Osborne, President and Chief Executive Officer, and John Slattery, Executive Vice President and Chief Financial Officer. Following management's presentation, there will be a question and answer session for analysts and investors. The conference call can be accessed live at 416‐644‐3419 or 1‐866‐250‐4877. The listen‐only webcast will be available at www.vicwestfund.com.

A taped rebroadcast will be available to listeners following the call until midnight on November 11, 2010. To access the rebroadcast, please dial 416‐640‐1917 or 1‐877‐289‐8525 and quote passcode 4377244 followed by the number sign. Both the Fund and CNW will archive the webcast.

About Vicwest Income Fund

The Fund is a leading manufacturer and distributor of building construction products, and steel containment products for agricultural grain, fertilizer and liquid storage. Through its Vicwest Building Products division, the Fund fabricates and markets metal roofing, siding and other metal building products under the trade names Vicwest, Mercury Metals, Valley Truss & Metal and RCA Metal. The Fund's Westeel Storage Solutions division manufactures storage solutions for agricultural grain and fertilizer, as well as liquid storage tanks and accessories. These products are manufactured and distributed under the trade names Westeel, Northern Steel Industries and NSI. Through a global alliance, Westeel also distributes Buhler Industries‐manufactured grain handling equipment in Canada under the Westeel brand. With approximately 1,200 dedicated employees and strategically located manufacturing facilities, the Fund delivers superior quality products and excellent service to customers in chosen markets. Vicwest Income Fund has traded on the Toronto Stock Exchange since 2005 and is a member of the S&P/TSX SmallCap Index. For more information, visit www.vicwestfund.com.

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