Income Financial Special Meeting Announcement

Income Financial announced today that a special meeting of unitholders will be
held at 11:00 a.m. (Eastern Standard Time) on July 10, 2013. The purpose of the
meeting is to consider a special resolution to allow unitholders to continue
their investment beyond the currently scheduled termination date of January 1,
2014.


Under the proposal, the termination date would be extended by 5 years to January
1, 2019. If the extension is approved, unitholders would still retain their
right to retract their units and receive a retraction price on January 1, 2014
as originally contemplated.


Since inception, unitholders have received a total of $25.47 per unit. As at May
15, 2013, the annualized current yield of a unit is 8.69%.


Unitholders of record at the close of business on June 5, 2013 will be provided
with the notice of meeting and management information circular in respect of the
meeting and will be entitled to vote at the meeting.


Income Financial invests in North American financial services companies whose
shares are included in the TSX Financial Services Index, the S&P Financials
Index or the S&P Midcap Financials Index.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Income Financial Trust
Investor Relations
416-304-4443 or Toll Free at 1-877-4-Quadra (1-877-478-2372)
www.quadravest.com