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Can-Financials Income Corp.: Distribution Press Release

TORONTO, June 21, 2011 - Can-Financials Income Corp. (the "Fund") (TSX: FIC) announces a distribution of $0.25555 per Unit for the quarter ending June 30, 2011. The distribution will be paid on or before July 15, 2011 to unitholders of record on June 30, 2011. This distribution includes a pro rated amount for the period from the closing of the Fund's initial public offering on February 18, 2011 to March 31, 2011.

For further information, please contact Rob MacNiven, Investor Relations at 416-642-1289 or 1-877-642-1289 or visit www.firstasset.com.