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Altus Group Income Fund: Altus Group Announces Closing of All West Surveys Ltd. Acquisition

Mon, 15 May 2006 16:36:00 PDT

TORONTO, ONTARIO (MARKET WIRE) Altus Group Income Fund ("Altus") (TSX:AIF.UN) announced today that it has concluded its agreement to indirectly acquire the business of Alberta-based All West Surveys Ltd. ("All West") for approximately $48 million, comprised of approximately $31.5 million in cash, subject to adjustment, and the issuance of 1,178,571 Class B limited partnership units of Altus Group Limited Partnership.

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