Parkland Income Fund Declares Distribution Payment

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Red Deer, Alberta, July 15, 2010: Parkland Income Fund (TSX: PKI.UN) announced today that a
distribution of $0.105 per trust unit will be payable on August 13, 2010 to unitholders of record on July
30, 2010.

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 622 locations, Parkland has developed a strong market niche in Canada outside of major 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
across Canada under the Neufeld, United Petroleum, Columbia Fuels, Bluewave Energy 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 management.

Parkland units and convertible debentures trade on the Toronto Stock Exchange (TSX) under the
symbols PKI.UN and PKI.DB. For more information, visit www.parkland.ca.

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For further information, contact:
Parkland Industries Ltd., Administrator of Parkland Income Fund:  
Red Deer:
Mike W. Chorlton     President and CEO                              (403) 357-6400
Ken J. Grondin          Senior Vice President and CFO          (403) 357-6400
Tom McMillan          Investor Relations Manager                (403) 357-6400

If you prefer to receive Company news releases via e-mail, please request at corpinfo@parkland.ca.