March 30, 2011

The units of Brookfield New Horizons Income Fund (the "Fund") have been approved for listing on CNSX.  The Fund is offering of a minimum of 10 million to a maximum of 15 million units at $10 per unit for gross proceeds of $100 million to $150 million.  Brookfield Financial Corp. and MGI Securities Inc. (collectively, the “Agents”) have agreed to conditionally offer the Units, subject to prior sale, on a best efforts basis, if, as and when issued by the Fund and accepted by the Agents in accordance with the conditions contained in the agency agreement dated as of the Closing Date among the Fund, the Manager and the Agents.

The Fund has been created to obtain exposure to a portfolio which will focus on, but will not be limited to, investments in high yield corporate debt, and publicly-listed securities in infrastructure and real estate companies, across a global universe. Allocations across these asset classes will be based on trends and return expectations, and the Investment Manager’s assessment of the macro-economic environment and investment landscape. Brookfield Investment Management (Canada) Inc. is the manager of the Fund and will also act as the Fund’s investment manager.

Listing and disclosure documents for Brookfield New Horizons Income Fund will be available in the CNSX Listings Disclosure Hall.

Trading Date: Friday, April 1, 2011
Symbol: BIF.UN
CUSIP: 112797 10 5
ISIN: CA 112797 10 5 1

Applications are being accepted for Market Makers for "BIF.UN". If you have any questions or require further information please contact Radhika at (416) 572-2000 X 2435 or E-mail: radhika.ramkarran@cnsx.ca