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Press release from CNW Group

Vicwest Income Fund Announces Distribution for October 2010

Monday, October 18, 2010

Vicwest Income Fund Announces Distribution for October 201016:52 EDT Monday, October 18, 2010 Toronto Stock Exchange: VIC.UN, VIC.DB OAKVILLE, ON, Oct. 18, 2010 /CNW/ - Vicwest Income Fund ("the Fund") today announced its cash distribution for the month of October 2010. The monthly cash distribution of $0.13 per unit is payable on November 22, 2010 to unitholders of record as of October 29, 2010. The Fund's distribution policy is for unitholders of record on the last business day of a calendar month to receive distributions during the 30 days following the end of such month. Holders of units who are non-residents of Canada will be required to satisfy all withholding taxes payable in respect of any distributions of income by the Fund. About Vicwest Income Fund The Fund is a leading manufacturer and distributor of building construction products, and steel containment products for agricultural grain, fertilizer and liquid storage.  Through its Vicwest Building Products division, the Fund fabricates and markets metal roofing, siding and other metal building products under the trade names Vicwest, Mercury Metals, Valley Truss & Metal and RCA Metal.  The Fund's Westeel Storage Solutions division manufactures storage solutions for agricultural grain and fertilizer, as well as liquid storage tanks and accessories.  These products are manufactured and distributed under the trade names Westeel, Northern Steel Industries and NSI.  Through a global alliance, Westeel also distributes Buhler Industries-manufactured grain handling equipment in Canada under the Westeel brand.  With approximately 1,200 dedicated employees and strategically located manufacturing facilities, the Fund delivers superior quality products and excellent service to customers in chosen markets.  Vicwest Income Fund has traded on the Toronto Stock Exchange since 2005 and is a member of the S&P/TSX SmallCap Index.  For more information, visit www.vicwestfund.com. To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/October2010/18/c3469.htmlFor further information: <table border="0" cellspacing="0"><tr valign="top"><td>Colin Osborne<br/> President & Chief Executive Officer          <br/> <b>Vicwest Income Fund</b><br/> Tel:  (905) 469-5700<br/> Fax: (905) 825-1090</td> <td>John Slattery<br/> Executive VP & Chief Financial Officer<br/> <b>Vicwest Income Fund</b><br/> Tel:  (905) 469-5706<br/> Fax: (905) 825-1090</td></tr></table>