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/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ Toronto Stock Exchange Symbol: CLC.UN MISSISSAUGA, ON, March 26 2008 /CNW/ - CML HealthCare Income Fund (TSX:CLC.UN) (the "Fund") today announced the completion of its previouslyannounced public offering of 3.2 million trust units of the Fund ("FundUnits") at a price of $15.80 per Fund Unit resulting in gross proceeds to theFund of $50.56 million (the "Offering"). The Fund Units were purchased andre-sold to the public by way of a short form prospectus on a bought deal basisby a syndicate of underwriters led by TD Securities Inc. and includingNational Bank Financial Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc.,Raymond James Ltd., RBC Dominion Securities Inc., Scotia Capital Inc., andBlackmont Capital Inc. The Fund will use net proceeds of the Offering to reduce borrowings underits credit facility that was used to fund: i) its recently completedacquisition of American Radiology Services, Inc. ("ARS"), including therepayment of certain indebtedness of ARS; and ii) early repayment of itsC$190 million senior secured notes. CML HealthCare Income Fund now has 89,842,404 Fund Units issued andoutstanding.