Construction/Building — March 15, 2010

Vicwest Income Fund Announces Distribution for March 2010

Toronto Stock Exchange: VIC.UN

OAKVILLE, ON, March 15, 2010 /CNW/ - Vicwest Income Fund ("the Fund") (TSX: VIC.UN) announced today its cash distribution for the month of March 2010. The monthly cash distribution of $0.13 per unit is payable on April 20, 2010 to unitholders of record as of March 31, 2010.

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. Through its Vicwest building products division, headquartered in Oakville, Ontario, the Fund fabricates and markets metal roofing, siding and other metal building products under the Vicwest, Mercury Metals, Valley Truss & Metal and RCA Metal trade names. The Fund's Westeel Storage Solutions division, headquartered in Winnipeg, Manitoba, 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 approximately 1,200 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, www.vicwestfund.com

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