Anodyne, Inc.

Cash distribution today!

Parkland Income Fund (PKI.UN) : .22/unit x 746 units = $164.12.

Cash balance, $817.19.

Plus, following today's market close, some news. Christmas came early!

"Parkland Income Fund declares special distribution payments

RED DEER, AB, Dec. 15 /CNW/ - Parkland Income Fund (TSX: PKI.UN) is pleased to announce that special distributions totaling $2.25 per unit will be paid to unitholders of record on December 29, 2006. The payments are expected to be made as a combination of $1.05 per unit in cash to be paid January 15, 2007 and $1.20 in trust units to be issued February 15, 2007. The number of units will be established with reference to the weighted average trading price on the date of record. No fractional units will be issued. The Fund reserves the right to make the February 15, 2007 distribution entirely or partly in cash, rather than units, at the discretion of its Board of Directors. In exercising such discretion, the Board of Directors will consider a number of factors, including the impact of the anticipated Federal government transition rules related to income trust taxation as well as the Fund's cash requirements.

The combination of these special distributions and the regular monthly distribution of $0.22 per trust unit will result in unitholders receiving a total of $1.27 per trust unit on January 15, 2007 plus $1.20 in units or cash or a combination thereof on February 15, 2007, both subject to applicable Canadian withholding tax for non-resident unitholders [my italics]. The special distribution reflects the strength of the financial performance for the year ended December 31, 2006 and is being paid after due consideration of the sustainability of the regular monthly distributions.

The decision to pay a portion of the distribution in cash was made in consideration of unitholders' income tax liabilities. Any taxable income in excess of these distributions will be retained by a corporate entity owned by the Fund and used to provide a cash reserve. Management believes maintaining a cash reserve is prudent in view of the seasonal weakness of the Fund's business and the potential for growth opportunities which may present themselves in 2007.

Parkland Income Fund operates retail and wholesale fuels and convenience store businesses under its Fas Gas Plus, Fas Gas, Race Trac Fuels and Short Stop Food Stores brands and through independent branded dealers, and transports fuel through its Petrohaul division. With over 550 locations, Parkland has developed a strong market niche in western and northern Canadian non-urban markets. To maximize value for its unitholders, the Fund is focused on the continuous refinement of its retail portfolio, increased revenue diversification through growth in non-fuel revenues and active supply chain management. Parkland maintains ownership of the Bowden refinery near Red Deer, Alberta and recently re-activated the site for toll production of drilling fluids."

- posted by cjb @ 5:29 PM