The Consumers' Waterheater Income Fund
TSX : CWI.UN

The Consumers' Waterheater Income Fund

October 17, 2007 11:32 ET

The Consumers' Waterheater Income Fund to Hold 2007 Third Quarter Conference Call

TORONTO, ONTARIO--(Marketwire - Oct. 17, 2007) - The Consumers' Waterheater Income Fund (the "Fund") (TSX:CWI.UN) today announced it will hold a conference call and webcast on Friday, October 26, 2007 at 10 a.m. ET to discuss the Fund's financial results for the third quarter of 2007. Results will be issued by press release on October 25, 2007 after markets close.

The event will be hosted by John Macdonald, President and Chief Executive Officer and Stephen Entwistle, Chief Financial Officer.

The numbers to call to listen to the teleconference are 416-644-3414 or 1-800-733-7560. Following management's presentation, there will be a question and answer session for analysts and institutional investors. To access the simultaneous live audio webcast, please visit www.consumerswaterheaters.com. Participants will require Windows Media Player™, which can be downloaded prior to accessing the call. The web cast will subsequently be archived on the site.

A taped rebroadcast will be available to listeners following the call until November 2, 2007 at midnight. To access the rebroadcast, please dial 416-640-1917 or 1-877-289-8525 and enter the passcode 21246032#.

About The Consumers' Waterheater Income Fund

The Consumers' Waterheater Income Fund owns a portfolio of 1.4 million installed water heaters and other assets, leased primarily to residential customers in Ontario. Direct Energy Essential Home Services provides service support to the portfolio and receives 35% of aggregate rental revenues; thereby significantly reducing the Fund's operating risk. The asset base has been generating stable and growing cash flows since its inception in the late 1950s.

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