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August 22, 2007

GENIVAR INCOME FUND ANNOUNCES AUGUST DISTRIBUTION

Montreal, August 22, 2007 – GENIVAR Income Fund (TSX: GNV.UN) announced today that its monthly cash distribution of $0.0833 per Fund unit covering the period from August 1st to August 31, 2007, will be paid on September 17, 2007 to unitholders of record at the close of business on August 31, 2007.

GENIVAR Income Fund also announced today that a quarterly cash distribution of $0.25 per Subordinated LP Unit covering the period from April 1st, 2007 to June 30, 2007 was paid to holders of subordinated LP Units of record at the close of business on June 30, 2007.

GENIVAR is a leading Canadian engineering services firm providing private and public sector clients with a full range of professional consulting services through all execution phases of a project including planning, design, construction and maintenance. Its clients, which are of varying sizes, fall into various market segments such as building, industrial and power, urban infrastructure, transportation and environment. GENIVAR is one of the largest engineering services firm in Canada in terms of number of employees with over 2,000 managers, professionals, technicians and technologists and support staff in over 40 offices in Canada and abroad.

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