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Cargojet Income Fund Announces Timing of First Quarter 2009 Results & Conference Call

April 28, 2009

Cargojet Income Fund (the "Fund") (TSX: CJT.UN) Cargojet in conjunction with the release of its First Quarter 2009 Financial Results, will host a conference call at 2:00 p.m. Eastern Daylight Time, (11:00 a.m.) Pacific Daylight on Thursday, May 7, 2009.

Ajay K. Virmani, President and Chief Executive Officer and Dan Mills, Chief Financial Officer of Cargojet will review first quarter financial results and corporate developments. The financial results will be released on the morning of May 7, 2009 on SEDAR as well as on the Fund’s website at www.cargojet.com

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

     Local Number: 416 695 6623
     Toll free Number: 1 800 952 6845

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 Friday, May 22, 2009 by dialing:

     Local Number: 416 695 5800
     Toll Free Number: 1 800 408 3053
     Access Code: 3738766

We look forward to having you participate in our call.

For further information, please contact:

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

Notice on Forward Looking Statements:

Certain statements contained herein constitute "forward-looking statements".  Forward-looking statements look into the future and provide an opinion as to the effect of certain events and trends on the business.  Forward-looking statements may include words such as "plans," "intends," "anticipates," "should," "estimates," "expects," "believes," "indicates," "targeting," "suggests" and similar expressions.  These forward-looking statements are based on current expectations and entail various risks and uncertainties. Reference should be made to the issuer's most recent Annual Information Form filed with the Canadian securities regulators, and its most recent Annual Consolidated Financial Statements and Quarterly Financial Statements and Notes thereto and related Management's Discussion and Analysis (MD&A), for a summary of major risks. Actual results may materially differ from expectations, if known and unknown risks or uncertainties affect our business, or if our estimates or assumptions prove inaccurate.  The issuer assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or any other reason, other than as required by applicable securities laws. In the event the issuer does update any forward-looking statement, no inference should be made that the issuer will make additional updates with respect to that statement, related matters, or any other forward-looking statement.

 


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