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Yellow Pages Income Fund Appoints J. Heidi Roizen to its Board of Trustees

(August 07, 2009)

MONTREAL, QUEBEC -- (Marketwire) -- 08/07/09 -- Yellow Pages Income Fund (TSX: YLO.UN) announces the appointment of J. Heidi Roizen to its Board of Trustees, effective August 6, 2009.

"We are very pleased to welcome Heidi to the Board of Trustees," said Marc L. Reisch, Chairman of the Board. "The breadth and depth of her experience within the technology industry and entrepreneurial community will most certainly bring a significant wealth of knowledge to the Board."

Ms. Roizen, 51, currently serves as Chief Executive Officer of Skinny Little Things, LLC (SkinnySongs), a company she created in 2008. She is also a member of the board of directors of TiVo (NASDAQ: TIVO). From 1983 to 1996, Ms. Roizen was Chief Executive Officer of T/Maker Company, a personal computer software company. She also worked for Apple Inc. as Vice-President, World Wide Developer Relations before joining Mobius Venture Capital (Softbank Venture Capital), a technology venture fund, as Managing Director from 1999 to 2007.

Ms. Roizen has been active in numerous charitable organizations, educational institutions and nonprofit entities. Ms. Roizen has received significant recognition for her work, including a recent ranking as one of the "Top 50 Women in Tech" by Corporate Board Member Magazine. In September of 2008, Ms. Roizen received the Forum for Women Entrepreneurs and Executives 2008 Annual Achievement Award.


Ms. Roizen holds an undergraduate degree from Stanford University and an MBA from the Stanford Graduate School of Business.

About Yellow Pages Income Fund

Yellow Pages Income Fund indirectly holds an approximate 98% ownership interest in Yellow Pages Group and Trader Corporation. Yellow Pages Group is Canada's leading local commercial search provider. It publishes annually more than 340 Yellow Pages(TM) and residential directories. The Company owns and manages Canada's most visited online directories, YellowPages.ca(TM) (www.yellowpages.ca) and Canada411.ca(TM) (www.canada411.ca), as well as CanadaPlus.ca(TM) (www.canadaplus.ca), a network of seven local city sites. Trader Corporation is a Canadian leader in print and online vertical media with over 160 publications and 20 web sites covering four product verticals: automotive, real estate, generalist, as well as employment and other. Its main print brands include Auto Trader(TM), Auto Hebdo(TM), The Bargain Finder(TM), Buy&Sell(TM), Renters News(TM) and Home Renters' Guide(TM), and its online destinations, AutoTrader.ca(TM) (www.autotrader.ca), HomeTrader.ca(TM) (www.hometrader.ca), and LesPAC.com. (www.lespac.com). For more information about the Fund, visit www.ypg.com.

Contacts:
Yellow Pages Group
Annie Marsolais
Director, Corporate Communications
514-934-4016
annie.marsolais@ypg.com


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