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Livingston International Income Fund
announces March 2005 distribution

FOR IMMEDIATE RELEASE

Attention Business Editors
March 15, 2005

TORONTO, Canada - Livingston International Income Fund (TSX: LIV.UN) announced today that it has declared a cash distribution of $0.117 per unit, payable on April 29, 2005 to unitholders of record at the close of business on March 31, 2005, for the 31-day distribution period from March 1 to 31, 2005 inclusive. The ex-dividend date for this distribution will be March 29, 2005.

It is Livingston International Income Fund's distribution policy to pay monthly distributions to unitholders on the last business day of the following month. Monthly distributions will typically be declared on or about the 15th of the distribution month, with the record date to be the last business day of that month.

Unitholders who are non-residents of Canada will be required to pay all withholding taxes payable in respect of any distributions by the fund, whether such distributions are in the form of cash or additional units.

Livingston International Income Fund is a trust that holds the securities of Livingston International Inc., which is Canada's leading customs brokerage company and trade-related services provider facilitating two-way trade between the United States and Canada. Based in Toronto, Ontario, the company has over 70 offices located at key border points and other strategic locations across Canada and the United States.

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For more information, contact:
Dawneen MacKenzie, Vice-President, Public Affairs
1-800-387-7582 ext. 3109

Livingston International Inc.
405 The West Mall, Toronto ON Canada M9C 5K7
416 626-2800 ext. 3109
Fax 416 622-3942
www.livingstonintl.com




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