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Cargojet Successfully Recertifies ISO 9001 Quality Accreditation

August 21, 2007

Cargojet Income Fund (the "Fund") (TSX: CJT.UN) announced today announced the successful recertification of their ISO 9001:2000 Quality Standard Accreditation, for the seventh consecutive year. Cargojet is the only air cargo carrier in Canada with this accreditation.

“This accreditation reinforces the continuity of the value added, safe, on time and reliable service Cargojet provides to its customers on a daily basis. It includes a review of an organization's documented quality management system and ongoing audits of the facility to ensure the quality management system has been implemented and is effective" says Ajay K. Virmani, President and CEO of the Fund. “ We have once again earned this certification due to the hard and conscientious efforts of our team of dedicated professionals, who continue to surpass our customers expectations while maintaining excellence in standards and procedures”, adds Virmani.

Cargojet is Canada’s leading provider of time sensitive overnight air cargo service. Cargojet operates its network from coast to coast transporting over 550,000 pounds time sensitive air cargo to thirteen major cities in Canada each business night.

For further information, please contact:

P. Dhillon
Vice President Marketing, Public & Government Relations
Tel: (905) 501 7373

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