Yellow Pages Income Fund Announces 2006 First Quarter Results Release Date

Montréal (Quebec), May 2, 2006 – Yellow Pages Income Fund announces that it will issue its first quarter results on May 9, 2006, for the period covering January 1 to March 31, 2006. A conference call will be held on the same day at 2:30 p.m. (Eastern Time) to discuss the results.

The investment community is invited to listen to the conference call and will have the opportunity to ask questions. Members of the media are welcome to join the call which will also be broadcast live on Yellow Pages Group’s Web site, at the following address: http://www.ypg.com/page.php/en/1/345.html.

To participate in the conference call:

  • Toronto and overseas, dial (416) 340-2216 
  • North America, dial 1 866 898-9626

To access the replay facility (between May 9 and May 17, 2006):

  • Toronto and overseas, dial (416) 695-5800 
  • North America, dial 1 800 408-3053

Enter access code 3184633.

The replay of the conference call will also be available in the Investor Center of the Company’s Web site at www.ypg.com.

About Yellow Pages Income Fund
Yellow Pages Income Fund is an unincorporated, open-ended, limited purpose trust established to invest in Yellow Pages Group. The Fund indirectly holds an approximate 96% ownership interest in Yellow Pages Group.

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Contacts:

Christian Paupe
Executive Vice President and CFO
Tel: (514) 934-6830
christian.paupe@ypg.com
     Annie Marsolais
Director, Corporate Communications
Tel: (514) 934-4016
annie.marsolais@ypg.com