Article: TerraVest Income Fund to Release 2005 First Quarter Results on May 9, 2005; Conference Call at 10:00 a.m. E.S.T.

VEGREVILLE, ALBERTA--(CCNMatthews - May 4, 2005) - TerraVest Income Fund (TSX:TI.UN) will release its 2005 first quarter financial results before the markets open on Monday, May 9, 2005.

The Fund will hold a conference call on that date at 10:00 a.m. E.S.T. The details are as follows:

Date:____________ Monday May 9, 2005 Time:____________ 10:00 a.m. E.S.T. Participants:____ Dale Laniuk, President and CEO __________________Tom Kileen, Chief Financial Officer __________________Tom Zosel, Senior Vice President Access Number:____Local: 416-695-7896 __________________Toll-Free: 1-888-333-4519

The Fund's financial statements will be available prior to the conference call by visiting ...

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