Rainmaker Animation Remains a Rainmaker Entertainment Company

Rainmaker Income Fund (“Rainmaker”)
(TSX: RNK-un) announced today that it has entered into a definitive
agreement to sell two divisions of its wholly owned subsidiary
Rainmaker Entertainment Inc. to Deluxe Entertainment Services Group
Inc. (“Deluxe”). The purchase by Deluxe will include Vancouver-based
Rainmaker Visual Effects and Rainmaker Post, and Rainmaker's London,
England, visual effects facility. It will not include the Rainmaker
Animation division based in Vancouver.
Rainmaker, an award winning pioneer with a 28-year history in the
Canadian post production services industry, is an industry leader and
the largest visual effects and animation company in Canada. The sale
to Deluxe will allow Rainmaker Entertainment to concentrate solely on
CG animation and content ownership. Rainmaker is in production on
Escape From Planet Earth, a theatrical feature film for The Weinstein
Company and in development on a 3D stereoscopic feature film trilogy
based on ReBoot, Rainmaker’s classic television series.

Deluxe, the leading provider of a broad range of entertainment services
and technologies to the film industry, has been strategically adding to
its slate of companies worldwide. Extending its laboratory, post
production and visual effects capabilities to Vancouver and expanding
to high-end visual effects resources in London, is the next logical
step in Deluxe’s full-service offerings to customers throughout the
global entertainment industry. With its many long-standing customer
relationships, the acquisition of Rainmaker is ideally suited for
Deluxe to better serve its client base in Vancouver and London.

“Rainmaker is a perfect fit for Deluxe. This acquisition will only
enhance the stature of the industry in Vancouver,” says Warren
Franklin, CEO of Rainmaker. “The completion of the sale to Deluxe will
allow Rainmaker Entertainment to fully focus on becoming a world leader
in computer animated films and to accelerate the development of its own
film properties. Vancouver, with its strong talent pool, excellent
training facilities and robust industry incentives is poised to be at
the forefront of digital technology and creative growth.”

“We are excited to be acquiring one of Canada's leading postproduction
facilities. Entering the Vancouver market is a natural extension for
us and who better to do it with than Rainmaker," said Cyril Drabinsky,
CEO and President of Deluxe. “Clients shooting in Vancouver will now
have the choice of processing or digitizing their dailies locally with
Deluxe before completing their projects through any one of Deluxe’s
film and digital finishing facilities worldwide,” adds Drabinsky.

Completion of the acquisition by Deluxe is subject to the approval of
Heritage Canada and to other customary conditions. The transaction is
expected to be completed on December 31, 2007.

About Rainmaker Entertainment Inc.

Rainmaker, headquartered in Vancouver, Canada, is an award-winning
visual effects, 3D animation and post-production company with a 28 year
history of technical excellence and outstanding service in feature
films, television, games and commercials. From its origins in the
pioneering west coast post house Gastown Productions, Rainmaker has
grown into one of North America's pre-eminent post-production service
providers. Rainmaker has three divisions – Rainmaker Animation,
Rainmaker Visual Effects and Rainmaker Post. Rainmaker also operates a
facility in London – Rainmaker Animation & Visual Effects UK Ltd.
(Rainmaker UK). www.rainmaker.com

About Deluxe Entertainment Services Group Inc.

Deluxe Entertainment Services Group Inc., a wholly-owned subsidiary of
MacAndrews & Forbes Holdings Inc., is the leading provider of a broad
range of entertainment industry services and technologies to major
Hollywood Studios and an international client base. Services include
motion picture film processing, printing and distribution; EFILM
digital intermediates; post production and subtitling services; titles
design and digital VFX; DVD compression, encoding and authoring;
digital cinema services, digital asset management, digital
distribution; and marketing fulfillment services. Deluxe facilities
include: Los Angeles, Toronto, London, Rome, Florence, Madrid,
Barcelona, and coming soon, New York. For more information, please
visit www.bydeluxe.com