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FOR: NORANDA INCOME FUND

Noranda Income Fund (NIF.UN): First Quarter 2012 Results Release, Annual General Meeting and Conference Call and Webcast

May 8, 2012 - 08:00 ET

TORONTO, ONTARIO--(Marketwire - May 8, 2012) - Noranda Income Fund (TSX:NIF.UN) -

First Quarter Results Release:

May 14th, 2012

Annual General Meeting:

May 15th, 2012 at 1 pm.

Location: Gallery Room at the TSX Broadcast & Conference Centre, The Exchange Tower, 130 King Street West, Toronto, Ontario

Come and join us at the TSX Broadcast & Conference Centre, or listen to the AGM and view the slides from the Investor Centre/Presentations section of the Fund website: http://www.norandaincomefund.com/ or click on this link: http://events.digitalmedia.telus.com/noranda/051612/index.php.

Conference Call and Webcast:

May 16th at 9:00 a.m. EST

Dial in number: 416-340-8527
Toll-free North American number: 1-877-240-9772

In addition, you can listen to the teleconference and view the slide presentation from the Noranda Income Fund website http://www.norandaincomefund.com or click on this link: http://events.digitalmedia.telus.com/noranda/051612/index.php.

Recording of the Conference Call:

Dial in number: 905-694-9451 or
Toll-free North American number: 1-800-408-3053.
The pass code is 7440 279# and you will be prompted for your name and company.
The recording will be available until midnight on May 30, 2012.


FOR FURTHER INFORMATION PLEASE CONTACT:

Michael Boone
Vice President & Chief Financial Officer of
Canadian Electrolytic Zinc Limited,
Noranda Income Fund's Manager
416 775-1561
mboone@xstrata.ca



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