Bird Construction Income Fund Announces a $54 million contract with Shell Canada Energy

LISTING: TSX
SYMBOL: BDT

TORONTO, April 12 /CNW/ - Bird Construction Income Fund announced that a subsidiary of the Fund has been awarded a $54 million fixed price construction contract with Shell Canada Energy. Early construction work of approximately $5.0 million has been performed in prior periods and accordingly, the addition to the Fund's backlog is approximately $49.0 million. Construction of the project which consists of a truck shop, warehouse and an administrative facility has commenced and is expected to be completed in mid-2011.

This press release contains forward-looking statements that involve a number of risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Many factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

For further information: P.R. Raboud, C.E.O. or S.R. Entwistle, C.F.O., Bird Construction Company Limited, as Administrator of Bird Construction Income Fund, 5403 Eglinton Avenue West, Toronto, ON, M9C 5K6, Phone: (4l6) 620-7122, Fax: (416) 620-1516

Bird Construction Income Fund Announces A $54 Million Contract With Shell Canada Energy : News & Media : Bird Construction