June 20, 2012

Brookfield New Horizons Income Fund ("BIF.UN") has announced a distribution of C$0.20 per unit for the quarter ending June 30, 2012. The distribution will be paid on or before July 23, 2012 to holders of record on June 29, 2012.

BIF.UN will begin trading ex-distribution on Wednesday, June 27, 2012.

Symbol: BIF.UN
Ex-distribution Date: Wednesday, June 27, 2012
Record Date: Friday, June 29, 2012

If you have any questions or require further information please contact Radhika at (416) 572-2000 X 2435 or Email: radhika@cnsx.ca