News Centre

FOR: NORANDA INCOME FUND

Noranda Income Fund Fourth Quarter 2006 Results and Conference Call

Jan 31, 2007 - 14:05 ET

TORONTO, ONTARIO--(Marketwire - Jan. 31, 2007) -

Attention Business Editors:

Noranda Income Fund will host its quarterly conference call on Monday, February 19, 2007 at 4:30 p.m. EST. To join us by telephone, please call 416-644-3414 five minutes prior to the start time. North American callers may call toll free at 1-800-733-7560.

In addition, it will be possible to listen to the teleconference and view the slide presentation from our website http://www.norandaincomefund.com in the Investor Centre/Conference Calls section of the site.

A recording of the teleconference will be available by calling 416-640-1917 or 1-877-289-8525. You will need the pass code: 2121 8443 followed by the number sign and will be prompted for your name and company. The 1-877 number is available only to calls originating in North America. The results will be available until midnight on February 26, 2007.



FOR FURTHER INFORMATION PLEASE CONTACT:

Noranda Income Fund
Michael Boone
Vice-President and Chief Financial Officer
(416) 982-7188
Email: MBoone@xstrata.ca
Website: www.norandaincomefund.com


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