CML Healthcare Income Fund
			Symbol			CLC.UN
			Shares Issued			89,554,079
			Close 2009-10-06			C$ 13.57
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CML to acquire two U.S. medical imaging businesses

2009-10-07 06:06 ET - News Release

Mr. Paul Bristow reports

CML HEALTHCARE INCOME FUND PROVIDES UPDATE ON U.S. MEDICAL IMAGING ACQUISITION ACTIVITY

CML Healthcare Income Fund's operating subsidiary, CML Healthcare Inc., has entered into definitive agreements to acquire two medical imaging operations comprising six centres located in the Northeast United States. These medical imaging operations include:

1. The Imaging Institute (TII) in Providence, R.I.;
2. The Quarry Lake Imaging Centre in Baltimore, Md.

The Quarry Lake acquisition closed on July 31, 2009, and TII is expected to close in the fourth quarter of 2009. The acquisitions are expected to be immediately accretive to the fund's distributable cash on a per-unit basis.

In addition to these acquisitions, CML has entered into a joint venture agreement with Upper Chesapeake Health System (UCHS) to operate a multimodality medical imaging centre in Bel Air, Md. This new facility was opened on Aug. 8, 2009.

"We are pleased to execute on our stated strategy of growing our United States medical imaging business through 'tuck-in' acquisitions in the U.S. northeast region," said Paul Bristow, president and chief executive officer of CML Healthcare. "The Rhode Island acquisition is significant as it provides us with an entry into outpatient imaging in New England with a solid platform for future growth in that region. We are excited to work with TII's team of professionals, led by Dr. Daniel DiPrete, former president of the Rhode Island Radiology Society and the former chief of diagnostic imaging at South County Hospital in Rhode Island, as they are recognized leaders in the region and share our vision of providing quality patient care and sound, ongoing physician relationships.

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