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Press release from CNW Group

Exchange Income Corporation Announces August 2011 Dividend

Wednesday, August 17, 2011

Exchange Income Corporation Announces August 2011 Dividend07:00 EDT Wednesday, August 17, 2011WINNIPEG, Aug. 17, 2011 /CNW/ - Exchange Income Corporation (TSX:  EIF) (the "Corporation"), announced today that the Directors of the Corporation have declared eligible dividends totaling $0.135 per share for the month ended August 31, 2011, payable September 15, 2011 to shareholders of record at the close of business on August 31, 2011.Eligible shareholders have the opportunity to reinvest their dividends in accordance with the Corporation's dividend reinvestment and cash purchase plan.  Additional details can be found in the investor information section of the Corporation's website, www.exchangeincomecorp.ca.The dividend is designated as an "eligible" dividend under the Income Tax Act (Canada) and any corresponding provincial legislation.  Under this legislation, individuals resident in Canada may be entitled to enhanced dividend tax credits which reduce income tax otherwise payable.About Exchange Income Corporation Exchange Income Corporation is a diversified acquisition-oriented company, focused on opportunities in the industrial products and transportation sectors which are ideally suited for public markets except for their size. The strategy of the Corporation is to invest in profitable, well-established companies with strong cash flows operating in niche markets in Canada and/or the United States.The Corporation is currently operating in two niche business segments: aviation and specialty manufacturing. The aviation segment consists of the operations by Perimeter Aviation, Keewatin Air, Calm Air International and Bearskin Lake Air Service and the specialty manufacturing segment consists of the operations by Jasper Tank, Overlanders Manufacturing, Water Blast Manufacturing, Stainless Fabrication and WesTower Communications.  For more information on Exchange Income Corporation, please visit www.exchangeincomecorp.ca.Additional information relating to the Corporation, including all public filings, is available on SEDAR (www.sedar.com).For further information: Mike Pyle Joe Racanelli President and CEO Investor Relations Exchange Income Corporation TMX Equicom (204) 982-1850 Phone: (416) 815-0700 Ext. 243 mpyle@eig.ca jracanelli@equicomgroup.com