An anonymous trustee reports

ALARIS EQUITY PARTNERS ANNOUNCES CLOSING OF $115 MILLION BOUGHT DEAL OFFERING

Alaris Equity Partners Income Trust has closed the previously announced public offering of trust units of the trust through a syndicate of underwriters led by CIBC Capital Markets, Acumen Capital Finance Partners Ltd. and National Bank of Canada Capital Markets, and including Raymond James Ltd., Desjardins Capital Markets, RBC Capital Markets, ATB Capital Markets Corp. and Canaccord Genuity Corp., on a bought deal basis. A total of 5,134,750 units were issued in connection with the offering at a price of $22.40 per unit for aggregate gross proceeds of $115,018,400, including units issued on the exercise in full of the overallotment option granted to the underwriters in connection with the offering to purchase 669,750 units.

The trust intends to use the net proceeds of the offering to partially repay outstanding indebtedness under its senior credit facility, which may be subsequently redrawn and used to finance future investments in new partners (as defined below) and for general trust purposes.

About Alaris Equity Partners Income Trust

Alaris's investment and investing activity refers to providing, through the wholly owned subsidiaries of Alaris, structured equity to private companies to meet their business and capital objectives, which includes management buyouts, dividend recapitalization, growth and acquisitions. Alaris achieves this by investing its unitholder capital, as well as debt, through the acquisition entities, in exchange for distributions, dividends or interest, as well as capital appreciation on both preferred and common equity. The principal objective is to generate predictable cash flows for distribution payments to its unitholders while growing net book value through returns from capital appreciation. Distributions, other than common equity distributions, from the partners are adjusted annually based on the percentage change of a top-line financial performance measure such as gross margin or same-store sales and rank in priority to common equity position.

We seek Safe Harbor.