Construction/Building — February 23, 2009

Vicwest Income Fund to Hold Fourth Quarter and Year-End 2008 Results Conference Call

    Toronto Stock Exchange: VIC.UN

    OAKVILLE, ON, Feb. 23, 2009 /CNW/ - Vicwest Income Fund ("Vicwest" or the
"Fund") (TSX: VIC.UN) today announced it will hold a conference call and
webcast on Thursday, March 5, 2009, at 11:00 a.m. (EDT) to discuss the Fund's
fourth quarter and year-end results. A news release announcing the Fund's
results will be issued prior to the call.
    The 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. To participate in the
teleconference, the numbers are 416-644-3424 or 1-800-591-7539. Callers are
advised to call in at least 10 minutes in advance. To participate in the
webcast, please visit the Fund's website at www.vicwestfund.com.
    A taped rebroadcast will be available to listeners following the call
until midnight on March 13, 2009. To access the rebroadcast, please dial
416-640-1917 or 1-877-289-8525 and quote the passcode 21298237 followed by the
number sign.
    To access the live audio webcast please go to
http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2557060 or, Vicwest's
website at www.vicwestfund.com (under Presentations & Calls). Both CNW and
Vicwest will archive the webcast.

    About Vicwest Income Fund

    The Fund is one of Canada's leading manufacturers and distributors of
construction building products, including metal roofing, siding and other
metal building products. Headquartered in Oakville, Ontario, it fabricates and
markets these products under the Vicwest, Mercury Metals and Valley Truss &
Metal trade names. Under the Westeel trade name, the Fund is one of Canada's
foremost manufacturers of steel containment products for agricultural storage
of grain and fertilizer. Its liquid storage tanks and accessories are
manufactured and distributed under the trade names Westeel, Northern Steel
Industries and NSI. The Fund has 16 manufacturing facilities strategically
located across Canada with more than 1,000 dedicated employees committed to
providing superior quality products and delivering excellent service to
customers in domestic and international markets.

    %SEDAR: 00022432E

For further information: Colin Osborne, President & Chief Executive
Officer, Vicwest Income Fund, Tel: (905) 469-5700, Fax: (905) 825-1090; John
Slattery, Executive VP & Chief Financial Officer, Vicwest Income Fund, Tel:
(905) 469-5706, Fax: (905) 825-1090

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