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Press release from CNW Group

Bird Construction Income Fund announces Paul Raboud stepping down and the appointment of Tim Talbott as CEO

Wednesday, April 07, 2010

Bird Construction Income Fund announces Paul Raboud stepping down and the appointment of Tim Talbott as CEO15:00 EDT Wednesday, April 07, 2010LISTING: TORONTO STOCK EXCHANGESYMBOL: BDT.UNTORONTO, April 7 /CNW/ Bird Construction Income Fund announced today that effective June 30, 2010, Paul Raboud, P.Eng. will step down as the CEO and will take up the position of Vice Chair of Bird Construction. In his new role, Mr. Raboud will focus on expanding the Company's business in the PPP sector as well as on general business development.The Fund is pleased to announce that Mr. Tim Talbott, P.Eng. will be appointed to the position of President and Chief Executive Officer of the Company effective June 30, 2010. Mr. Talbott currently serves as the President and COO. Mr. Talbott has been a member of the Bird organization for over 28 years. He began his career in Bird's Edmonton office and has progressed through a wide variety of positions including project manager, production manager, branch manager, vice president, executive vice president and president.Mr. Raboud said, "I look forward to my new strategic role in the Company. Tim Talbott is a strong leader and experienced in every facet of our business. Working together, we are looking forward to continuing the growth and success of the Company."Bird Construction is one of Canada's leading General Contractors with offices in Calgary, Edmonton, Halifax, Toronto, Saint John, Vancouver and Winnipeg. The Company services the industrial, commercial and institutional market as well as the heavy civil market.This press release contains forward-looking statements that involve a number of risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Many factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.For further information: P.R. Raboud, C.E.O. or S.R. Entwistle, C.F.O., Bird Construction Company Limited as Administrator of Bird Construction Income Fund, 5403 Eglinton Avenue West, Toronto, ON, M9C 5K6, Phone: (4l6) 620-7122, Fax: (416) 620-1516