Superior Plus Income Fund - December 2005 Cash Distribution - $0.205 per Trust Unit

TSX: SPF.UN

CALGARY, Dec. 8 /CNW/ - Superior Plus Income Fund (the "Fund") today
announced its cash distribution for the month of December 2005 of $0.205 
(20.5 cents) per trust unit payable on January 13, 2006. The record date is
December 31, 2005 and the ex-distribution date will be December 28, 2005. The
Fund's current annualized cash distribution rate is $2.46 per trust unit.
For income tax purposes, the income from the December 2005 cash
distribution of $0.205 per trust unit is estimated to be:
       -  a return of capital of $0.0545 per trust unit
       -  a dividend of $0.0575 per trust unit
       -  other income of $0.0930 per trust unit

The final tax components for the December 2005 cash distribution and for
the year 2005 will be confirmed with the January 2006 distribution on or about
January 12, 2006.
A summary of cash distributions since inception and tax information is
posted under the Investor Information section of Superior's website at:
www.superiorplus.com.
The Fund holds 100% of Superior Plus Inc., which has five operating
divisions: Superior Propane is Canada's largest distributor of propane,
related products and services; ERCO Worldwide is a leading supplier of
chemicals and technology to the pulp and paper and water treatment industries
and the second largest producer of potassium products in North America; JW
Aluminum is a leading manufacturer of specialty, flat-rolled aluminum products
in the United States; Winroc is the seventh largest distributor of walls and
ceilings construction products in North America; and Superior Energy
Management provides fixed price natural gas supply services in Ontario and
Quebec.
The Fund's trust units and convertible debentures trade on the Toronto
Stock Exchange (the "TSX") as follows:

<<
Trading Symbol    Security                  Issued and Outstanding
-------------------------------------------------------------------------
SPF.un            Trust Units                     85.4 million
SPF.db            8% Debentures, Series 1   $ 9.0 million principal
                                             amount
SPF.db.a          8% Debentures, Series 2   $ 61.1 million principal
                                             amount
SPF.db.b          5.75% Debentures          $175.0 million principal
                                             amount
SPF.db.c          5.85% Debentures          $ 75.0 million principal
                                             amount
-------------------------------------------------------------------------

>>