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Press release from Marketwire

Canexus to Hold Annual Meeting and First Quarter Conference Call

Friday, April 23, 2010

Canexus to Hold Annual Meeting and First Quarter Conference Call11:44 EDT Friday, April 23, 2010CALGARY, ALBERTA--(Marketwire - April 23, 2010) - Canexus Income Fund (TSX:CUS.UN) (the "Fund") today announced that its Annual Meeting of Securityholders will be held on Thursday, May 6, 2010, at 11 a.m. MT at the Metropolitan Centre in Calgary. At 2 p.m. MT on the same day, there will be a conference call to discuss the results of the Fund's first quarter of 2010, which will be released the evening before the call.Following the formal portion of the Annual Meeting, Gary Kubera, President and Chief Executive Officer, will review the performance of the Fund in 2009 and the first quarter of 2010 and discuss Canexus's outlook. For those unable to attend in person, the presentation will be archived on the Canexus website.During the conference call, Mr. Kubera and Richard McLellan, Senior Vice President, Finance and Chief Financial Officer, will discuss financial results and performance for the three months ended March 31, 2010. To access the call, please dial 416-644-3422 or 1-877-974-0448. The conference call will also be accessible via webcast at A replay of the conference call will be available until midnight May 13, 2010. To access the replay, call 416-640-1917 or 1-877-289-8525, followed by passcode 4289311#.About CanexusCanexus produces sodium chlorate and chlor-alkali products largely for the pulp and paper and water treatment industries. Our four plants in Canada and one in Brazil are reliable, low-cost, strategically-located facilities that capitalize on competitive electricity costs and transportation infrastructure to minimize production and delivery costs. Canexus also provides fee-for-service hydrocarbon transloading services to the oil and gas industry from its terminal at Bruderheim, Alberta. Canexus targets opportunities to maximize unitholder returns and delivers high-quality products and services to its customers. Canexus units and convertible debentures trade on the Toronto Stock Exchange under the symbol CUS. More information about Canexus is available at FURTHER INFORMATION PLEASE CONTACT: Canexus Limited Gary Kubera President and CEO (403) 571-7300 or Canexus Limited Richard McLellan CFO (403) 571-7300