WesternOne Equity Income Fund Ranked No.32 in BC's 50 Fastest-Growing publicly traded companies

WesternOne Equity Income Fund Ranked No.32 in BC's 50 Fastest-Growing publicly
traded companies

VANCOUVER, Nov. 12 /PRNewswire-FirstCall/ - WesternOne Equity Income Fund
("WesternOne Equity") (Toronto Stock Exchange: WEQ.UN and WEQ.DB) was ranked
#32 in BC's 50 Fastest-Growing publicly traded companies, a report from the
Vancouver Sun listing British Columbia's top publicly traded companies.
In creating the ranking system, Business BC, the Vancouver Sun newspaper's
business section, partnered with Ernst & Young LLP to look at a number of
factors based on formulas developed by professor James Brander at the Sauder
School of Business at the University of B.C. The Fastest list focuses on how
factors like revenue growth, employee numbers, unit price performance and
earnings per share have grown over time.
"We are honoured to receive this recognition from BC Business. It is great
validation that our core businesses have been able to maintain momentum
through the economic slowdown and improve on our #35 ranking in 2008.
WesternOne Equity is the only financial company featured in the Top 50 Fastest
companies ranking."
"WesternOne Equity would like to thank our management, board of trustees and
employees for their continued effort and commitment, and our unitholders for
their continued support." said Darren Latoski, WesternOne's CEO.

About the Business BC 50 Fastest-Growing companies

The entire Business BC listings for the Fastest 50 ranking, as well as their
report on B.C.'s Top 50 Strongest Companies can be found on the Vancouver Sun
website www.vancouversun.com.

About WesternOne Equity

WesternOne Equity seeks to acquire equipment and infrastructure related
businesses located primarily in the western Canadian provinces of British
Columbia, Alberta and Saskatchewan, in order to generate stable and growing
distributions to its unitholders as well as to achieve overall capital
appreciation. WesternOne Equity has acquired six market leading private
businesses in the equipment rental and propane distribution industries.

Additional Information

Additional information relating to WesternOne Equity, including WesternOne
Equity's Annual Information Form and other public filings, is available on
SEDAR at www.sedar.com or on WesternOne Equity's website at www.weq.ca.

Trading Symbols

Toronto Stock Exchange: WEQ.UN and WEQ.DB

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY
FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.

SOURCE WesternOne Equity Income Fund

Investor Relations, Andrew Greig, Manager of Investor Relations, WesternOne
Equity Income Fund, Suite 910, 925 West Georgia Street, Vancouver, BC, V6C
3L2, Phone: (604) 678-4042, E-mail: agreig@weq.ca