December 20, 2012

Brookfield New Horizons Income Fund ("BIF.UN") has announced a distribution of C$0.20 per unit for the quarter ending December 31, 2012. The distribution will be paid on or before January 22, 2013 to holders of record on December 31, 2012.

BIF.UN will begin trading ex-distribution on Thursday, December 27, 2012.

Symbol: BIF.UN
Ex-distribution Date: Thursday, December 27, 2012
Record Date: Monday, December 31, 2012

If you have any questions or require further information please contact Radhika Ramkarran at (416) 572-2000 X 2435 or Email: Radhika@cnsx.ca