Business News

Hartco Declares Monthly Distribution

2008-08-15 10:00:00

MONTREAL, QUEBEC–(EMWNews – Aug. 15, 2008) – Hartco Income Fund (TSX:HCI.UN) (the “Fund”) announced today a cash distribution for the month of August 2008 of $0.05 per unit. The distribution will be payable on September 15, 2008 to unitholders of record at the close of business on August 31, 2008.

Hartco Income Fund’s policy is to pay monthly distributions on or about the fifteenth day of each month to unitholders of record on the last day of the preceding month.

Holders of units who are non-residents of Canada will be subject to withholding taxes in respect of any distributions made by Hartco Income Fund.

Fund Profile

Hartco Income Fund (TSX:HCI.UN) has been a leader in the Canadian information technology business for more than thirty years. Through its operating divisions, which together include more than 60 locations operating across Canada under the banners of MetaforeTM, MicroAge®, Microserv® and Northwest Digital®, Hartco Income Fund delivers information technology solutions to private and public sector organizations of every size.

Forward-Looking Statements

This news release contains forward-looking information. Except for historical information contained herein, the statements in this document are forward-looking. Forward-looking statements involve known and unknown risks and uncertainties, which may cause actual results in future periods to differ materially from forecasted results. Those risks include, among others, changes in customer demand for information technology products or services, changes in supplier pricing actions or terms, customer orders, pricing actions by competitors, changes in laws and regulations and general changes in economic conditions. Risks that could cause our results to differ materially from our expectations are discussed in our annual Management’s Discussion & Analysis.

For more information, please contact

Hartco Income Fund
Carl Gauvreau, CA
Vice President Finance and Chief Financial Officer
514-354-3810
514-354-8989 (FAX)
[email protected]
www.hartco.com

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