Noranda Income Fund Announces a Cash Distribution for the Month of May 2014 of $0.04167 per Priority Unit

Noranda Income Fund (TSX:NIF.UN) announced today that the Board of Trustees of
Noranda Operating Trust has approved a distribution for the month of May 2014 of
$0.04167 per Priority Unit payable on June 25, 2014 to Priority Unitholders of
record as at the close of business on May 30, 2014. 


When not restricted, the Fund's policy is to make monthly distributions to
Unitholders. In determining whether there is a distribution and the level
thereof, the Board of Trustees reviews periodically the Fund's financial
performance, business environment and prospects, and determines the appropriate
level of reserves.


Noranda Income Fund is an income trust whose units trade on the Toronto Stock
Exchange under the symbol "NIF.UN". Noranda Income Fund owns the electrolytic
zinc processing facility and ancillary assets (the "Processing Facility")
located in Salaberry-de-Valleyfield, Quebec. The Processing Facility is the
second-largest zinc processing facility in North America and the largest zinc
processing facility in eastern North America, where the majority of zinc
customers are located. It produces refined zinc metal and various by-products
from sourced zinc concentrates. The Processing Facility is operated and managed
by Canadian Electrolytic Zinc Limited, a wholly-owned subsidiary of Glencore
Canada Corporation.


Further information about Noranda Income Fund can be found at
www.norandaincomefund.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Michael Boone
Vice President and Chief Financial Officer
Canadian Electrolytic Zinc Limited
Noranda Income Fund's Manager
416-775-1561
[e-mail]