General Donlee Income Fund Announces August 2009 Distribution

Toronto, Canada, Sep 15, 2009 - General Donlee Income Fund (TSX: GDI.UN) 
announced today that it has declared a cash distribution of $0.090 per 
unit for the month of August 2009, payable on September 30, 2009 to 
Unitholders of record at the close of business on September 25, 2009. 
The ex-distribution date for the August distribution is 
September 23, 2009. 

General Donlee Income Fund pays cash distributions to Unitholders near 
month end, for the prior month, with a record date, usually three business 
days earlier. Holders of units who are non-residents of Canada will be 
required to pay all withholding taxes payable in respect of any 
distributions of income by the Fund. 


General Donlee Income Fund is a trust established to hold the securities 
of General Donlee Limited, which is a leading diversified manufacturer of 
precision-machined products for the military, commercial and general 
aerospace industries and also is a specialist in the manufacture of 
precision-machined products for the industrial products and power 
generation industries. 


Certain forward-looking statements contained in this news release are 
based on information, currently available to management, but are subject 
to a number of uncertainties and risks that could cause actual results to 
differ materially from the results discussed in the forward-looking 
statements. These uncertainties and risks include, but are not limited to: 
dependence on commercial aircraft sales and defence procurement, power 
generation sales and sales to the industrial sector, production rates, 
timing of deliveries, dependence on key customers, dependence on third 
party suppliers and manufacturers, competition, product liability and 
warranty claims, environmental and other government regulation, quality 
certification requirements, hedging effects, interest and foreign exchange 
rates, leverage and restrictive debt covenants, pension performance, 
funding and expenses, continued availability of credit facilities, 
insurance availability and coverage, regulatory requirements, reliance on 
key personnel and our skilled workforce, changes in accounting policies, 
the ability to obtain orders and domestic and international economic 
conditions. Further information can be found in the disclosure documents 
filed by General Donlee Income Fund with the securities regulatory 
authorities, available at www.sedar.com. or through the Fund's website at 
www.generaldonlee.com.

For further information:
Ralph Barnes
Director, Investor Relations,
tel: 416.743.4417
email: rbarnes@generaldonlee.com

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