Earnings: Noranda Income Fund; Russel Metals

www.newswire.ca

Posted By: Northern Miner Staff February 19, 2007

Earnings Summary from CNW Group.
All figures in thousands except per-share figures, which are
basic unless otherwise indicated.

	Current	Yr.ago	% chg.

Noranda Income Fund (NIF.UN-TSX)			4Q Dec. 31
Revenue (000s)	311,771	152,517	104
Net Income (000s)	4,015	10,334	-61
EPS	0.11	0.28
CashFlow (000s)	12,635	21,780	-42
			12 mos.
Revenue (000s)	1,055,069	525,250	101
Net Income (000s)	33,190	32,809	1
EPS	0.89	0.87
CashFlow (000s)	73,200	74,624	-2


	Current	Yr.ago	% chg.

Russel Metals Inc. (RUS-T)			4Q Dec. 31
Revenue (000s)	593,200	646,700	-8
Net Income (000s)	30,600	41,800	-27
EPS	0.49	0.82
CashFlow (000s)	37,500	44,700	-16
			12 mos.
Revenue (000s)	2,692,100	2,614,100	3
Net Income (000s)	158,700	124,500	27
EPS	2.65	2.47
CashFlow (000s)	178,500	149,600	19