Construction/Building — October 16, 2009

Vicwest Income Fund Announces Distribution for October 2009

Toronto Stock Exchange: VIC.UN

OAKVILLE, ON, Oct. 16, 2009 /CNW/ - Vicwest Income Fund ("the Fund") (TSX: VIC.UN) announced today its cash distribution for the month of October 2009. The monthly cash distribution of $0.13 per unit is payable on November 20, 2009 to unitholders of record as of October 30, 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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