This cash distribution covering the period from August 1, 2008 to August 31, 2008, is in accordance with the August 7, 2008 press release announcing the increase in cash distributions to unitholders by 3.5% from $1.13 to $1.17 annually.
About Yellow Pages Income Fund
Yellow Pages Income Fund indirectly holds an approximate 98% ownership interest in Yellow Pages Group and Trader Corporation. Yellow Pages Group is Canada's leading local commercial search provider. It publishes annually more than 340 Yellow Pages(TM) and residential directories. The Company owns and manages Canada's most visited online directories, YellowPages.ca(TM) and Canada411.ca, as well as CanadaPlus.ca(TM), a network of seven local city sites. Trader Corporation is a Canadian leader in print and online vertical media with approximately 200 publications and 20 web sites covering four product verticals: automotive, real estate, general merchandise and employment. Its main brands include Auto Trader(TM), Auto Hebdo(TM), The Bargain Finder(TM), Buy&Sell(TM), Renters News(TM) and Home Renters' Guide(TM). For more information about the Fund, visit www.ypg.com.
SOURCE: Yellow Pages Income Fund
Investor Relations: Yellow Pages Income Fund Anne-Sophie Roy Senior Manager, Corporate Finance 514-934-2828 anne-sophie.roy@ypg.com Media: Yellow Pages Income Fund Annie Marsolais Director, Corporate Communications 514-934-4016 annie.marsolais@ypg.com

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