Business NewsMarketWire • Altus Group Income Fund Announces Unitholder and Special Voting Unitholder Approval of Conversion to Corporation

Altus Group Income Fund Announces Unitholder and Special Voting Unitholder Approval of Conversion to Corporation

Altus Group Income Fund Announces Unitholder and Special Voting Unitholder Approval of Conversion to Corporation

TORONTO, ONTARIO--(Marketwire - Dec. 8, 2010) - Altus Group Income Fund (the "Fund") (TSX:AIF.UN) is pleased to announce that earlier today, at a duly constituted special meeting of unitholders and special voting unitholders (the "Meeting"), unitholders and special voting unitholders overwhelmingly approved the proposed conversion of the Fund into a corporation (the "Conversion") to be named Altus Group Limited ("AGL"). At the Meeting, unitholders and special voting unitholders also approved the creation of a (1) common share option plan for AGL, (2) equity compensation plan for AGL and (3) director equity compensation plan for AGL. Details of the voting results from the Meeting are available on SEDAR at www.sedar.com.

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Altus Group Income Fund Announces Unitholder and Special Voting Unitholder Approval of Conversion to Corporation