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ARCTIC GLACIER RELEASES TAX INFORMATION FOR 2009 WINNIPEG, March 10, 2010 – Arctic Glacier Income Fund (TSX:AG.UN) today released Canadian and U.S. tax information for 2009. The Fund did not make any distributions to unitholders in 2009. As a result, there is no allocation of taxable income for Canadian residents in 2009. The Fund is taxed as a partnership for U.S. purposes. The allocation of taxable income for U.S. residents during 2009 is comprised of (in Canadian dollars) $0.02657 US source income and $0.06823 Canadian source income per unit. The detailed allocation of taxable income in 2009 to U.S. residents is available on the Fund’s website at www.arcticglacier.com. Arctic Glacier Income Fund, through its operating company, Arctic Glacier Inc., is a leading producer, marketer and distributor of high-quality packaged ice in North America under the brand name of Arctic Glacier® Premium Ice. Arctic Glacier operates 38 production plants and 48 distribution facilities across Canada and the northeast, central and western United States servicing more than 75,000 retail accounts. Arctic Glacier Income Fund trust units are listed on the Toronto Stock Exchange under the trading symbol AG.UN. There are 39.0 million trust units outstanding. -- 30 -- Contact Information The Toronto Stock Exchange does not approve or disapprove of the adequacy or accuracy of this release. |