CI Financial Income Fund today announced
that it will hold a conference call and webcast on August 2, 2007, at 4 p.m. eastern time to discuss its financial results for the second quarter.

William Holland, chief executive officer, and Stephen A. MacPhail, president and chief
operating officer, will host the call.

The webcast will be available
at www.ci.com/q2.

Alternatively, investors may listen to the discussion by dialling (416) 644-3419 or 1-800-731-5319. The call will be available for playback later that day until August 16,
2007, at (416) 640-1917 or 1-877-289-8525 (passcode: 21239178, followed by the number sign). The webcast will be archived at www.ci.com/q2.