Canadian Equipment Rental Fund Limited Partnership Announces 22% Increase to Distribution

       By: Canadian Equipment Rental Fund Limited Partnership
Posted: 2006-06-19 02:45:35
The board of directors of the general partner for Canadian Equipment Rental Fund Limited Partnership (the "Partnership"), is pleased to announce that they have approved an increase of the cash distribution to the Partnership unitholders to $0.055 per unit (up 22.2% from the previous $0.045 per unit distribution). Payment will be made on or about July 14, 2006, to unitholders of record as of the close of business on June 30, 2006.

Investors are cautioned that future distributions are always subject to approval from the board of directors of the general partner and may be increased, decreased or suspended by the board at any time.

CERFLP is a Canadian limited partnership engaged in the rental, sale and service of industrial and construction equipment. CERFLP trades on the TSX Venture Exchange under the symbol "CFL.UN" and currently has 3,253,883 units issued and outstanding.

FORWARD LOOKING STATEMENTS

This press release contains forward-looking statements subject to various risk factors and uncertainties, which may cause the actual results, performances or achievements of Canadian Equipment Rental Fund Limited Partnership to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements.

The TSX Venture Exchange does not accept responsibility for the adequacy

or accuracy of this release.
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