Goldsmith Agio Helms Announces the Sale of
the Operations of Arriscraft International Income Fund
to General Shale Brick 

MINNEAPOLIS, MN – July 24, 2007:
Goldsmith Agio Helms is pleased to announce the sale by its client, Arriscraft International Income Fund (“Fund”) (TSX:AIN.UN), of its underlying Arriscraft International manufactured stone, brick and natural stone masonry products business (“Arriscraft”) to General Shale Brick, Inc. (“General Shale”) for a total of C$109,750,000.  Arriscraft manufactures stone products that replicate the physical properties of real stone while providing for more easy and cost-effective installation and use. General Shale manufactures and markets brick and stone products throughout the United States and is a wholly-owned subsidiary of Wienerberger AG, the largest brick company in the world.

TRANSACTION HIGHLIGHTS
David Iverson, Managing Director of Goldsmith Agio Helms, stated, “This transaction enables both Arriscraft and General Shale to make progress towards their strategic objectives. The addition of Arriscraft enables General Shale to acquire a strong brand, broaden its manufactured stone product line and access additional manufacturing and distribution capabilities in Canada and the U.S.  It presents Arriscraft a substantial opportunity to accelerate its penetration of the U.S. residential and commercial construction market by leveraging General Shale’s established sales and distribution network along with Arriscraft’s current distribution.” Chris Kocourek, Vice President of Goldsmith Agio Helms, added, “This is the 51st building products transaction completed by Goldsmith Agio Helms and certainly reinforces the firm’s position as a leading provider of sophisticated corporate financial advisory services to middle market businesses in both the U.S. and Canada.”

David Boles, President and CEO of Arriscraft said, “The acquisition is a good result for our unit holders. It is also a good result for Arriscraft and our employees as General Shale intends to continue to operate the Arriscraft production facilities and grow the Arriscraft business in North America.” F. David Rounthwaite, Chairman of the Fund commented, “We are very pleased with this transaction, which represents a positive outcome for Arriscraft, its unit holders, and its employees, and is a combination that promises to reinforce Arriscraft's position as a leading North American manufactured stone producer.”

“This acquisition will give General Shale and our parent company, Wienerberger, a stronger market position in North America,” says Dick Green, president and CEO General Shale. “Arriscraft is a leader in the stone industry, and it is a natural fit for General Shale to be associated with a well-respected company that is known throughout North America for its complete line of high-quality architectural products. The combination of Arriscraft and General Shale will allow us to provide a complete masonry package to all of our valued customers throughout North America.”

ABOUT THE  COMPANY
Arriscraft International Income Fund (TSX:AIN.UN) owns the Arriscraft International manufactured stone, brick and natural stone masonry products business conducted through Arriscraft International Limited Partnership, Arriscraft International LLC and certain affiliates in Canada and the U.S. Headquartered in Cambridge, Ontario, Canada, Arriscraft manufactured stone products offer the aesthetic and physical benefits of natural stone combined with the strength, simplicity of use and cost effectiveness of traditional brick masonry. Arriscraft's unique Natural Edge® manufacturing process and expertise allow it to produce a steady supply of consistent quality stone in a variety of colours, styles and textures.

ABOUT THE BUYER
General Shale Brick produces more than 1.6 billion bricks and brick pavers per year for the residential, commercial and specialty architectural markets.  Headquartered in Johnson City, Tennessee, the company operates 17 production facilities throughout the U.S.  General Shale’s parent company, Wienerberger AG (WBAG:WIE), is the largest brick company in the world and is headquartered in Vienna, Austria.

ABOUT GOLDSMITH AGIO HELMS
Goldsmith Agio Helms (www.agio.com) is one of the nation's leading independent investment banking firms providing sophisticated corporate finance advisory services to middle-market businesses.  The firm's services include mergers and acquisitions, private placements of debt and equity, distressed advisory and restructuring, and financial advisory and opinion services.  The firm operates internationally from its offices in Minneapolis, New York, Chicago, Los Angeles, and Shanghai and through Agio International, a proprietary partnership of leading independent investment banks with offices in London, Edinburgh, Madrid, Milan, and Zurich. 

If you would like more information about this transaction, contact David G. Iverson (diverson@agio.com) at 612-339-0500.

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