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ARCTIC GLACIER INCOME FUND
ANNOUNCES JULY CASH DISTRIBUTION
Winnipeg, Manitoba – The Arctic Glacier Income Fund today
announced a cash distribution for the month ending July 31, 2002
of $0.0875 per trust unit. The distribution will be payable on August
15, 2002 to unitholders of record at the close of business on July
31, 2002.
Arctic Glacier Income Fund’s policy is to pay monthly distributions
to unitholders of record on the last business day of the 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 Arctic Glacier Income Fund.
Arctic Glacier Income Fund, through its operating company, Arctic
Glacier Inc., is a leading producer, marketer and distributor of
high-quality packaged ice to consumers in Canada and the United
States under the brand name of Arctic Glacier® Premium Ice.
Arctic Glacier operates 17 production plants and 32 distribution
facilities across Canada and the central United States servicing
35,000 retail accounts.
Arctic Glacier Income Fund trust units are listed on the Toronto
Stock Exchange under the trading symbol AG.UN. There are 15.66 million
trust units outstanding.
For further information, call Arctic Glacier Inc. TOLL FREE at
1-888-573-9237 or visit the Arctic Glacier Web Site at www.arcticglacierinc.com
(Signed)
On behalf of the Board of Trustees of Arctic Glacier Income Fund,
Robert Nagy, Chairman & CEO.
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