Boyd Group Income Fund announces August 2010 cash distribution

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WINNIPEG, Aug. 17 /CNW/ - Boyd Group Income Fund (TSX: BYD.UN) today announced a cash distribution for the month of August 2010 of $0.0275 per trust unit. The distribution will be payable on September 28, 2010 to unitholders of record at the close of business on August 31, 2010.

Boyd Group Income Fund's policy is to pay monthly distributions to unitholders of record on or around the last business day of the month.

Holders of units who are non-residents of Canada will be subject to withholding taxes in respect of any distributions made by Boyd Group Income Fund.

    
                     ON BEHALF OF THE BOARD OF TRUSTEES
                          of Boyd Group Income Fund

                     Mr. Brock Bulbuck, President & CEO
    

About The Boyd Group Income Fund

The Boyd Group Income Fund is an unincorporated, open-ended mutual fund trust created for the purposes of acquiring and holding certain investments, including a majority interest in The Boyd Group Inc. and its subsidiaries. The Boyd Group Inc. is the largest operator of collision repair centres in North America. For more information on The Boyd Group Inc. or Boyd Group Income Fund, please visit our Web site at www.boydgroup.com.

This press release contains forward-looking statements, other than historical facts, which reflect the view of the Fund's management with respect to future events. Such forward-looking statements reflect the current views of the Fund's management and are made on the basis of information currently available. Although management believes that its expectations are reasonable, it can give no assurance that such expectations will prove to be correct. The forward-looking statements contained herein are subject to these factors and other risks, uncertainties and assumptions relating to the operations, results of operations and financial position of the Fund.

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For further information: Brock Bulbuck, President & CEO, Tel: [phone] (ext. 223), [email protected]; Salvador Diaz, Investor Relations, Tel: [phone] or toll free 1-800-385-5451 (ext. 242), [email protected]