Acadian Timber Income Fund Announces Monthly Distribution

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Tue Jul 22, 2008 4:35pm EDT 

  TORONTO, ONTARIO, Jul 22 (MARKET WIRE) -- 
Acadian Timber Income Fund (the "Fund") (TSX: ADN.UN) is pleased to
announce its monthly distribution of $0.06875 per unit, payable on August
15, 2008 to unitholders of record on July 31, 2008.

    Acadian Timber Income Fund is a leading supplier of primary forest
products in Eastern Canada and the Northeastern U.S. With a total of 2.4
million acres of land under management, Acadian is the second largest
timberland operator in New Brunswick and Maine.

    Acadian owns and manages approximately 1.1 million acres of freehold
timberlands in New Brunswick and Maine, and provides management services
relating to approximately 1.3 million acres of Crown licensed
timberlands. Acadian also owns and operates a forest nursery in Second
Falls, New Brunswick. Acadian's products include softwood and hardwood
sawlogs, pulpwood and biomass by-products, sold to over 110 regional
customers.

    The Fund's units are listed for trading on the Toronto Stock Exchange
under the symbol ADN.UN.

    For further information, please visit our website at
www.acadiantimber.com.

    This news release contains forward looking information including "forward
looking statements", which can be identified by the use of words, such as
"approximately", "deliver", "should" or variations of such words and
phrases or that state that certain actions, events or results "may" or
"will" be taken, occur or achieved. Forward looking statements involve
known and unknown risks, uncertainties and other factors which may cause
the actual results or performance to be materially different from any
future results or performance expressed or implied by the forward
statements. The risks, uncertainties and other factors that could
influence actual results are described in the Acadian Timber Income Fund
final prospectus and other documents filed with regulatory authorities.

Contacts:
Acadian Timber Income Fund
Zev Korman, Director, Investor Relations
and Communications
(416) 359-1955
Email: zkorman@acadiantimber.com
Website: www.acadiantimber.com

Copyright 2008, Market Wire, All rights reserved.

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