Parkland Income Fund Announces New President and Chief Executive Officer

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Red Deer, Tuesday, September 6, 2005 – Parkland’s Board of Directors is pleased to announce
the appointment of Michael Chorlton as President and Chief Executive Officer effective today.
Michael Chorlton is an experienced senior executive whose career progressed from a major
petroleum company through agribusiness and high technology. He has a track record of
delivering positive leadership, driving financial performance and adding shareholder value.
Mr. Chorlton assumed increasing responsibilities over a 16 year career at Imperial Oil and Exxon
Chemical with key roles in their Western Canadian fertilizer business. He occupied leadership
positions related to Marketing, Logistics, Customer Service, Planning, Finance, Business
Development and Plant Operations.
Following his career at Imperial, Mr. Chorlton became President and CEO of Saskferco Products
Inc. of Regina, Saskatchewan where he took the company from its $440 million green-field
investment in an ammonia/urea complex to high levels of reliability and profitability. Saskferco
was a joint venture of Cargill Limited, the Government of Saskatchewan and Citi Bank Canada.
For the past six years, Mr. Chorlton has served as a senior Vice President of Renessen LLC, a
biotechnology joint venture in the Chicago area.
Mr. Chorlton earned his Bachelors degree in Mechanical Engineering from McGill University
and his MBA from the University of British Columbia.
Parkland Income Fund operates retail and wholesale fuels and convenience store businesses
under its marketing brands Fas Gas, RT Fuels and Short Stop Food Stores and transports fuel
through its Petrohaul division. Parkland has developed a strong market niche in western and
northern Canada by focusing on non-urban markets.
Parkland Income Fund is listed on the TSX (PKI.UN).
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For further information:
Red Deer: Michael Chorlton, President and CEO (403) 357-6400
John G. Schroeder, Vice President and CFO (403) 357-6400
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