TORONTO, ONTARIO -- (Marketwire) -- 04/05/11 -- Income STREAMS III Corp. (TSX: STQ)(TSX: STQ.E) announced today that it has settled its claim against one of its counterparties related to a dispute regarding the proper calculation of the forward fees charged by that counterparty under its capital repayment forward agreement, as more fully described in Note 6 to Income STREAMS III Corp.'s most recent annual financial statements. Income STREAMS III Corp. will receive $2,183,781 under the settlement agreement, which amount represents substantially all of the forward fees that were in dispute between Income STREAMS III Corp. and that forward counterparty. This payment is expected to be received on or before April 15, 2011 and will be credited to the managed portfolio component of Income STREAMS III Corp. It will result in an increase of $1.18 in the net asset value per unit. In addition, the methodology for calculating the forward fees for the remaining term of the forward agreement has been resolved to the satisfaction of Income STREAMS III Corp.