Futuremed Healthcare completes bought deal public offering

On June 30, 2008, Futuremed Healthcare Income Fund (Futuremed) completed an offering of 1,875,000 units, issued at a price of
C$9.10 per unit, that were sold on a bought deal basis to a syndicate of underwriters led by CIBC World Markets Inc. and National Bank Financial Inc.

The net proceeds of the offering were used in part to fund Futuremed's approximately C$25 million acquisition of Dismed Inc., a Montreal-based supplier of medical supplies, instruments and equipment throughout Quebec, that closed the same day.

Futuremed, based in Concord, is Canada's leading value-added distributor of consumable nursing home supplies and specialized furniture and equipment to the growing long-term care facilities sector.

Further information is found on Canada Newswire's website.