Parkland Income Fund Announces Correction to Press Release

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    RED DEER, AB, March 4 /CNW/ - Parkland Income Fund (TSX:PKI.UN) today
announced a correction to the comparative EBITDA amount reported for the year
ended December 31, 2007 in the Fund's press release dated February 27, 2009
(the "Press Release"). On page three of the Press Release the dollar amount of
EBITDA shown for the year ended December 31, 2007 should have been reflected
as $115 million (consistent with past disclosure by the Fund of EBITDA for
such period as well as the current MD&A published February 27, 2009) as
opposed to $97.2 million and the corresponding percentage year over year
change to EBITDA should have been reflected as -29.2% as opposed to -16%. A
complete, as corrected, version of the Press Release is available at

    Fund Description

    Parkland Income Fund currently operates retail and wholesale fuels and
convenience store businesses under its Fas Gas Plus, Fas Gas, Race Trac Fuels
and Short Stop Food Stores brands and through independent branded dealers, and
transports fuel and other products through its Distribution division. With
approximately 630 locations, Parkland has developed a strong market niche in
Canadian non-urban markets focused in the West and Ontario. The Fund supplies
propane, bulk fuel, heating oil, lubricants, industrial fluids, agricultural
inputs and associated services to commercial and industrial customers in
Alberta, British Columbia and the Yukon Territory under the Neufeld, Joy,
United Petroleum and Great Northern Oil brands. Additionally, Parkland
operates the Bowden refinery near Red Deer, Alberta as a storage and
contract-processing site.
    Parkland is focused on creating and delivering value for its unitholders
through the continuous refinement of its site portfolio, increasing revenue
diversification through growth in non-fuel revenues and active supply chain
    Parkland's units trade on the Toronto Stock Exchange (TSX) under the
symbol PKI.UN.

For further information: Red Deer: Mike W. Chorlton, President and CEO
,(403) 357-6400; John G. Schroeder, Vice President and CFO, (403) 357-6400; If
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