Cinram Receives Approvals for Normal Course Issuer Bid.

TORONTO, March 29 /PRNewswire-FirstCall/ -- Cinram International Income Fund ("Cinram" or the "Fund") (TSX: CRW.UN) today announced that it has received regulatory approval and satisfactory amendments to the Fund's credit facilities such that it can proceed with the normal course issuer bid (NCIB) that was first announced on March 5, 2007.

Pursuant to the NCIB, Cinram may purchase up to a total of 5,000,000 units (approximately 8% of the "public float") for cancellation through the facilities of the TSX during the 12-month period starting March 30, 2007. Cinram will pay the market price at the time of acquisition for unit purchases made through the NCIB. The actual number of units which may be purchased pursuant to the NCIB and the timing of any such purchases will be determined by Cinram's management and in accordance with applicable securities legislation.

About Cinram

Cinram International Inc., an indirect wholly-owned subsidiary of the Fund, is the world's largest provider of pre-recorded multimedia products and related logistics services. With facilities in North America and Europe, Cinram International Inc. manufactures and distributes pre-recorded DVDs, VHS video cassettes, audio CDs, audio cassettes and CD-ROMs for motion picture studios, music labels, publishers and computer software companies ...