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Press release from Marketwire

Canexus to Hold Annual and Special Meeting of Unitholders and 2011 First Quarter Results Conference Call

Thursday, April 14, 2011

Canexus to Hold Annual and Special Meeting of Unitholders and 2011 First Quarter Results Conference Call13:09 EDT Thursday, April 14, 2011CALGARY, ALBERTA--(Marketwire - April 14, 2011) - Canexus Income Fund (TSX:CUS.UN) (the "Fund") today announced that it will hold its Annual and Special Meeting of Unitholders and First Quarter 2011 conference call on Thursday, May 5, 2011. In addition to the regular annual meeting matters, Unitholders will be asked to consider a special resolution to approve a proposed plan of arrangement for the Fund's conversion from its current income trust structure to a dividend-paying corporate structure effective on or about July 1, 2011.The Fund will hold its Annual and Special Meeting of Unitholders at 11 a.m. MT (1 p.m. ET) at the Metropolitan Conference Centre in Calgary. Following the formal portion of the Annual and Special Meeting, Gary Kubera, President and Chief Executive Officer, will review the performance of the Fund in 2010 and the first quarter of 2011 and discuss Canexus's outlook. For those unable to attend in person, the presentation will be archived on the Canexus website.Following the meeting, management will host its First Quarter 2011 conference call and webcast at 2 p.m. MT (4 p.m. ET) to discuss its results. A news release announcing the Fund's results will be issued the evening before the call. 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, 2011. To access the call, please dial 416-644-3416 or 1-800-814-4860. The conference call will also be accessible via webcast at www.canexus.ca. A replay of the conference call will be available until midnight May 12, 2011. To access the replay, call 416-640-1917 or 1-877-289-8525, followed by passcode 4431695#.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) 571-7300