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Press release from Marketwire

Canexus Announces October Distribution

Friday, October 08, 2010

Canexus Announces October Distribution10:29 EDT Friday, October 08, 2010CALGARY, ALBERTA--(Marketwire - Oct. 8, 2010) - Canexus Income Fund (TSX:CUS.UN) (the "Fund") today announced the cash distribution for the period October 1, 2010, to October 31, 2010, has been set at $0.0456 per unit. The distribution will be paid on November 15, 2010, to unitholders of record as at October 29, 2010. This payment is consistent with the Fund's distribution policy.The Fund has a Distribution Reinvestment Plan ("DRIP") that enables participants to automatically reinvest monthly distributions in additional trust units of the Fund. More information on the DRIP is available on the Canexus website at www.canexus.ca.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 South America 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 to its customers. Canexus trust units (CUS.UN) and convertible debentures (Series I - CUS.DB; Series III - CUS.DB.A) trade on the Toronto Stock Exchange. More information about Canexus is available at www.canexus.ca.FOR FURTHER INFORMATION PLEASE CONTACT: Canexus Limited Gary Kubera President and CEO (403) 571-7300 or Canexus Limited Richard McLellan CFO (403) 571-7300 www.canexus.ca