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DOMINION CITRUS INCOME FUND T.DOM.UN

Consumer Defensive Food Distribution
"Dominion Citrus Income Fund provides an integrated suite of services for fresh produce. It offers finance, reporting and insurance, procurement, international logistics, ripening, sorting and grading, packaging and re-packing services."


TSX:DOM.UN - Post by User

DOMINION CITRUS INCOME FUND
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Post by stuart8on Jun 26, 2008 9:50pm
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Post# 15235528

N/R

N/RI guess we are for sale.........

Dominion Citrus Income Fund (the "Fund") Announces Strategic Review

TORONTO, ONTARIO, Jun 26, 2008 (MARKET WIRE via COMTEX News Network) --

DominionCitrus Income Fund ("Dominion", the "Fund")(TSX: DOM.UN) announces thatit has commenced a review of strategic options for the Trust includingbut not limited to the sale of all or parts of the business, the windup of certain operations, merger of the business or a "going private"transaction. During the review process, the Trust will not reinstatedistributions to the unitholders. Accordingly, the directors ofDominion Citrus Limited have decided to defer the payment of dividendson the Series A preference shares (TSX: DMN.PR.A), including deferralof the previously announced payment.

As part of the reviewprocess, Dominion's board of trustees has engaged KPMG to carry out avaluation of the Trust to guide the trustees in assessing strategicoptions. Management has been asked to facilitate this process.

Dominion's board will provide further updates as warranted.

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Dealroom for high-potential pre-IPO opportunities