Date Closed

August 31, 2006

Lead Office

Toronto

Value

141.00 Million CAD

On August 31, 2006, the DATA Group Income Fund completed its indirect acquisition of the shares of Relizon Canada. The Fund paid a purchase price of approximately C$141 million, consisting of C$112 million in cash and 2,964,326 units of the Fund subject to a 90 day standstill agreement). The Fund also closed its offering of 5,650,000 Units at C$9.50 per Unit for gross proceeds of approximately $53.7 million and C$35.0 million aggregate principal amount of 6.75% Extendible Convertible Unsecured Subordinated Debentures. The net proceeds of the offering were used to fund part of the cash portion of the purchase price payable in connection with the indirect acquisition of the shares of Relizon Canada.

DATA Group Income Fund, headquartered in Brampton, Ontario, is a leading provider of document management systems including printed products.

Relizon Canada, headquartered in Boucherville, Québec, provides business process outsourcing solutions in document management, billing, and relationship marketing in North America to financial, health care, telecommunications, manufacturing, transportation, and government sectors.

McCarthy Tétrault LLP represented DATA Group Income Fund in Canada by with a team led by Jonathan Grant, and including Ana Badour, Gordon Baird, Joan Beck, Ian Bies, Joanna Carvalho, Domenic De Sisto, Nathalie Gagnon, Garreth Gibbins, Douglas Hamilton, Robert Hansen, Janie Lin, Glen MacArthur, Alfred Macchione, James Morand, Leonard Nesbitt, Jamie Orzech, Joanna Rosengarten, Amrit Sidhu, and Gregory Winfield.

Further information is found on DATA Group Fund's Website.