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GENIVAR Income Fund announces August distribution

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Montreal, August 22, 2006 – GENIVAR Income Fund (TSX: GNV.UN) announced today that its monthly cash distribution of $0.0833 per Fund unit, covering the period from August 1 to August 31, 2006, will be paid on September 15, 2006 to unitholders of record at the close of business on August 31, 2006.

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, who 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 approximately 1,500 managers, professionals, technicians and technologists and support staff, in over 30 offices in Canada and abroad. The Fund's units trade on the Toronto Stock Exchange under the symbol GNV.UN.

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For further information, please contact:

Pierre Shoiry, President and CEO
Tel. 514 340-0046, ext. 104

For media inquiries:

Marlène Casciaro, Director, Communications
Tel. 514 340-0046, ext. 184


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