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Press release from CNW Group

Proventure Income Fund announces special distribution

Thursday, January 05, 2012

Proventure Income Fund announces special distribution17:00 EST Thursday, January 05, 2012Symbol: PVT.UN (TSX-V)CALGARY, Jan. 5, 2012 /CNW/ - Proventure Income Fund ("Proventure"), announced that its board of trustees has approved a special cash distribution to Proventure's unitholders of $1.70 per unit. Payment will be made on or about January 23, 2012 to unitholders of record as of the close of business on January 17, 2012. Investors are cautioned that distributions are always subject to approval from the board of trustees of Proventure and may be increased, decreased or suspended by the board at any time.Proventure also wishes to announce that the special cash distribution will not be eligible for reinvestment under Proventure's distribution reinvestment plan.Proventure is an open-ended mutual fund trust established under laws of the Province of Alberta. Proventure is in the business of owning and leasing commercial real estate. The units of Proventure are listed on the TSX Venture Exchange and trade under the symbol "PVT.UN".This press release contains forward-looking statements subject to various risk factors and uncertainties, which may cause the actual results, performances or achievements of Proventure to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.For further information: Peter Lacey - President & CEOof Proventure Income Fund Telephone: (403) 567-0339 Fax: (403) 567-0392 Email: placey@cervuscorp.com                 Randy Muth - Chief Financial Officerof Proventure Income Fund  Telephone: (403) 567-0339 Fax: (403) 567-0392 Email: rmuth@cervuscorp.com