WesternOne Equity Income Fund Schedules Conference Call for Q1 Financial Results

VANCOUVER, May 4, 2012 /CNW/ - WesternOne Equity Income Fund ("WesternOne Equity") (Toronto Stock Exchange: WEQ.UN, WEQ.DB.B and WEQ.DB.C) today announced the scheduling of its Q1 2012 Financial Results Conference Call.

Darren Latoski, CEO, Carlos Yam, CFO and Geoff Shorten, COO, of WesternOne Equity GP Inc. will host a conference call at 4:30pm (Eastern time) or 1:30pm (Pacific time), on Wednesday, May 9, 2012, to review the financial results and corporate developments for the three months ended March 31, 2012.

To participate in this conference call, please dial one of the following numbers approximately 10 minutes prior to the commencement of the call, and ask to join the WesternOne Equity conference call.

Dial in numbers:	Toll Free					1-888-231-8191
	International or Local Toronto					1-647-427-7450

Conference Call Replay

If you cannot participate on May 9, 2012, a replay of the conference call will be available by dialing one of the following replay numbers. You will be able to dial in and listen to the conference two hours after the meeting end time, and the replay will be available until May 16, 2012. Please enter the Replay ID number 78862914 followed by the # key.

Replay Dial-In:	Toll Free						1-855-859-2056
	International or Local Toronto						1-416-849-0833

About WesternOne Equity

WesternOne Equity seeks to acquire and grow businesses in the construction and infrastructure sectors in order to generate stable and growing distributions to its unitholders as well as to achieve overall capital appreciation.

Additional Information

Additional information relating to WesternOne Equity, including WesternOne Equity's Annual Information Form and other public filings, is available on SEDAR at www.sedar.com or on WesternOne Equity's website at www.weq.ca.

Trading Symbols

Toronto Stock Exchange: WEQ.UN, WEQ.DB.B and WEQ.DB.C

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.

Andrew Greig, Manager- Investor Relations
WesternOne Equity Income Fund
Suite 910, 925 West Georgia Street
Vancouver, BC  V6C 3L2
Phone:  [phone]
E-mail:  [email protected]