Construction/Building — July 16, 2009

Vicwest Income Fund Announces Distribution for July 2009

    Toronto Stock Exchange: VIC.UN

    OAKVILLE, ON, July 16, 2009 /CNW/ - Vicwest Income Fund ("the Fund")
(TSX: VIC.UN) announced today its cash distribution for the month of July
2009. The monthly cash distribution of $0.13 per unit is payable on August 20,
2009 to unitholders of record as of July 31, 2009.
    The Fund's distribution policy is for unitholders of record on the last
business day of a calendar month to receive distributions during the 30 days
following the end of such month. Holders of units who are non-residents of
Canada will be required to pay all withholding taxes payable in respect of any
distributions of income by the Fund.

    About Vicwest Income Fund

    The Fund is one of Canada's leading manufacturers and distributors of
building construction products, and steel containment products for
agricultural grain, fertilizer and liquid storage. Headquartered in Oakville,
Ontario, the Vicwest Building Products division fabricates and markets metal
roofing, siding and other metal building products under the Vicwest, Mercury
Metals, Valley Truss & Metal and RCA Metal trade names. Through the Westeel
Storage Solutions division, headquartered in Winnipeg, Manitoba, the Fund
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.
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.

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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