Davis + Henderson Income Fund Announces Intention to Issue a Special Distribution

TORONTO, Oct. 30, 2007 (Canada NewsWire via COMTEX News Network) — Davis + Henderson Income Fund today announced that its Board of Trustees has approved a one-time special cash distribution of $0.20 per unit payable on November 30, 2007 to unitholders of record on November 15, 2007. This special distribution is in addition to previously announced regular monthly distributions.

For further information, please reference the Davis + Henderson Income Fund press release related to third quarter 2007 results released October 30, 2007.

Davis + Henderson and its predecessors have been serving the Canadian financial services industry since 1875. Through integrated service offerings, Davis + Henderson is a market leader in providing programs to customers who offer chequing account and lending services within Canada. Davis + Henderson Income Fund is listed on the Toronto Stock Exchange, symbol DHF.UN.

Further information can be found in the disclosure documents filed by Davis + Henderson Income Fund with the securities regulatory authorities, available at www.sedar.com.

%SEDAR: 00017092EF

SOURCE: Davis + Henderson Income Fund

Robert Cronin, Chief Executive Officer, Davis + Henderson, Limited Partnership, (416)
696-7700; Catherine Martin, Chief Financial Officer, Davis + Henderson, Limited
Partnership, (416) 696-7700; Website: www.dhltd.com.