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Press release from Marketwire

Canexus Announces April Distribution

Friday, April 08, 2011

Canexus Announces April Distribution11:57 EDT Friday, April 08, 2011CALGARY, ALBERTA--(Marketwire - April 8, 2011) - Canexus Income Fund (TSX:CUS.UN) (the "Fund") today announced the cash distribution for the period April 1, 2011, to April 30, 2011, has been set at $0.0456 per unit. The distribution will be paid on or about May 15, 2011 to unitholders of record as at April 29, 2011. 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 two at one site 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 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: Gary KuberaCanexus LimitedPresident and CEO(403) 571-7300ORRichard McLellanCanexus LimitedCFO(403) 571-7300www.canexus.ca