Company Profile For Westshore Terminals Income Fund

Westshore Terminals Income Fund (the Fund) is an Canada based company. The Fund holds all of the limited partnership units of Westshore. Westshore Terminals Ltd. (the General Partner) is the general partner of Westshore. Westar Management Ltd. (the Manager) provides management services to the General Partner and administrative services to the Fund. Westshore operates a coal storage and loading facility at Roberts Bank, British Columbia (the Terminal). Westshore has a contract with Coal Valley Resources Ltd. (formerly Luscar Ltd.) which covers thermal coal from the Coal Valley mine. During the year ended December 31, 2008, 2.2 million tons of thermal coal from the Coal Valley mine were shipped through the Terminal.

BRIEF: For the six months ended 30 June 2009, Westshore Terminals Income Fund's revenues increased 13% to C$113M. Net income increased 58% to C$68.5M. Revenues reflect an increase in coal revenue due to higher rates. Net income also reflects decreased operating expenses and lower depreciation expenses and increased foreign exchange gain. The Company is open-ended trust created under the law of the Province of British Columbia.