Toronto Stock Exchange Symbol: CLC.UN MISSISSAUGA, ON, Dec. 12 /CNW/ - CML Healthcare Inc. and CML Healthcare Income Fund (the "Fund"), (TSX: CLC.UN), today announced the appointment of Tom Weber, B.Comm, CA, as Chief Financial Officer effective January 3, 2006. Mr. Weber will be responsible for all finance and administration functions and will oversee the Fund's disclosure practices. "Tom is a seasoned business leader who brings to CML a wealth of experience in financial management and reporting. His proven ability to identify cost efficiency opportunities will be invaluable to CML," said Paul Bristow, President and COO of CML Healthcare. "We look forward to Tom's future contributions as a key member of our senior management team." Most recently, Mr. Weber served as Chief Financial Officer at St. Joseph Communications, one of Canada's largest print and publishing companies, where he was responsible for raising capital, financial reporting, corporate procurement, mergers and acquisitions, and risk management. While at St. Joseph, Mr. Weber directed strategic reviews to increase efficiency of business units, managed a thorough review of the company's internal controls and financial processes, and spearheaded a number of acquisitions. Prior to joining St. Joseph, Mr. Weber served as Vice President, Finance and Secretary, at Livingston Group Inc. after five years as a tax manager at Price Waterhouse. Mr. Weber is a Chartered Accountant and holds an Honours Bachelor of Commerce from McMaster University in Hamilton, Ontario. About CML Healthcare Income Fund CML Healthcare Income Fund is an unincorporated open-ended trust that owns CML Healthcare Inc., one of Canada's largest healthcare services businesses. CML is a leading provider of laboratory testing services in Ontario and the largest private provider of medical imaging services in Canada. CML Healthcare Income Fund is publicly traded on the Toronto Stock Exchange under the symbol "CLC.UN" and has approximately 86.6 million units outstanding (assuming the exchange for units of all of the outstanding exchangeable shares of CML Healthcare Inc., excluding those held by the Fund or its affiliates). To reach CML Healthcare Income Fund via the worldwide web log on to www.cmlhealthcare.com. Caution concerning forward-looking statements --------------------------------------------- Statements made in this news release, other than those concerning historical financial information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are based on management's beliefs and assumptions regarding the information currently available. The Company's actual results could differ materially from those expressed in the forward-looking statements. Factors that could cause results to vary include, among other things, those expressed in the Company's filings with Canadian securities regulatory authorities. All information presented herein should be read in conjunction with such filings. %SEDAR: 00020333E
