TORONTO: CAPVEST Income Corp. (the “Company”) is pleased to announce its 2007 semi annual financial results for the six-month period ended June 30, 2007.

Highlights:

• In March 2007, Company shareholders approved the change of the Company’s investment objectives from focusing on commodities futures contracts reflecting the RICI Portfolio and commodity-related income and royalty funds to focusing on investing, directly or indirectly, in a diversified group of infrastructure and energy companies. The Company intends to target an annual yield of approximately 6%, paid on its common shares.


• On March 26, 2007, the Company’s common shares commenced trading on a consolidated basis on the TSX Venture Exchange. The consolidation occurred at a 15:1 ratio: for every 15 pre-consolidation common shares, shareholders of the Company received one post-consolidation common share.


• On May 24, 2007, the Company declared its first quarterly dividend of $0.025 per common share, payable to shareholders of record on June 29, 2007.


• The Company’s net assets increased to $12,300,840 as of June 30, 2007 ($12,050,422 as of December 31, 2006) due to a gain on investments, foreign currency and other net assets of $634,442, investment income of $653,166 and a conversion of the debentures in the amount of $895,379, partially offset by the operating expenses.


• As of June 30, 2007, the Company’s net asset value per common share, in accordance with Canadian GAAP, was $1.92.

2007 financial results: For the complete 2007 Semi-Annual Management Report of Fund Performance and Semi-Annual Financial Statements, please visit www.sentryselect.com or www.SEDAR.com.

CAPVEST Income Corp.: The investment objective of CAPVEST Income Corp. is to generate income and capital appreciation through investing, directly or indirectly, in a diversified group of infrastructure and energy companies. Its common shares and 7% convertible debentures trade under the symbols CVS and CVS.DB, respectively.

Sentry Select Capital Corp: Sentry Select Capital Corp. is a Canadian wealth management company that manages over $8 billion in gross assets as of June 30, 2007. Sentry Select offers a diverse range of investment products including closed-end trusts, mutual funds, principal-protected notes and flow-through limited partnerships, covering a variety of domestic and global mandates. With 29 reporting issuers, Sentry Select is the manager and/or advisor to more Toronto Stock Exchange-listed entities than any other investment manager. In addition, Sentry Select manages and/or provides advisory services to 4 reporting issuers listed on the TSX Venture Exchange.

More information: Investor Services (broker/investor inquiries), Kinga Lam (media inquiries)
Tel: 1-888-246-6656 Fax: 416-364-1197 info@sentryselect.com


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, the future performance of the Company, including the potential for future distributions. These statements reflect Sentry Select’s current expectations, but are subject to a number of risks and uncertainties. Due to the many risks and uncertainties, Sentry Select cannot assure that the forward-looking statements contained in this news release will be realized.