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Cargojet Income Fund Announces Timing of Fourth Quarter 2006 Results & Conference Call

MISSISSAUGA, March 12/CNW/ - Cargojet Income Fund (the “Fund”) (TSX: CJT.UN) In conjunction with the release of its Fourth Quarter 2006 Financial Results, will host a conference call at 2:00 p.m. Eastern Daylight Time, (11:00 a.m.) Pacific Daylight on Monday, March 26, 2007.

Ajay K. Virmani, President and Chief Executive Officer and Dan Mills, Chief Financial Officer of Cargojet will review fourth quarter financial results and corporate developments. The financial results will be released by newswire on the evening of March 23, 2007.

To participate in this conference call, please dial the following number(s) approximately five minutes prior to the commencement of the call:

Local Number: 416 406 6419
Toll free Number: 1 888 575 8232

Please state you are participating in the Cargojet Income Fund Conference Call.

Should you be unable to participate, an Instant Replay will be available
Until Monday, April16, 2007 by dialing:

Local Number: 416 695 5800
Toll Free Number:1 800 408 3053
Access Code: 3217344#

We look forward to having you participate in our call.

For further information: Please visit our website at www.cargojetincomefund.com or contact Pauline Dhillon, VP Marketing, Public & Government Relations, Cargojet Income Fund (905) 501 7373 or email pdhillon@cargojet.com.

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