June 24, 2011

Brookfield New Horizons Income Fund ("BIF.UN") has announced a distribution of C$0.20 per unit for the quarter ending June 30, 2011. The distribution will be paid on or before July 22, 2011 to holders of record on June 30, 2011.

BIF.UN will begin trading ex-distribution Tuesday, June 28, 2011.

Symbol: BIF.UN
Ex-distribution Date: Tuesday, June 28, 2011
Record Date: Thursday, June 30, 2011

If you have any questions or require further information please contact Radhika at (416) 572-2000 X 2435 or Email: radhika@cnsx.ca.