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Press release from CNW Group

Bird Construction Income Fund announces its selection as the preferred proponent for the Ontario Provincial Police Modernization Project

Tuesday, July 27, 2010

Bird Construction Income Fund announces its selection as the preferred proponent for the Ontario Provincial Police Modernization Project17:02 EDT Tuesday, July 27, 2010LISTING: TORONTO STOCK EXCHANGESYMBOL: BDT.UNTORONTO, July 27 /CNW/ - Bird Construction Income Fund (the "Fund") announced today that an operating subsidiary of the Fund is part of the consortium that has recently been selected as the preferred proponent to design and build the Ontario Provincial Police Modernization project. Bird is a member of the Shield Infrastructure Group consortium responsible for the design, build, finance and maintenance of 18 facilities located throughout Ontario. Bird's role relates to the design and construction of the facilities. The consortium plans to reach financial close in the summer of 2010 and commence construction shortly thereafter. At this time there can be no assurances that Bird will receive a contract award related to this project.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: T.J. Talbott, President and 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