The Consumers' Waterheater Income Fund
TSX : CWI.UN

The Consumers' Waterheater Income Fund

March 31, 2006 09:08 ET

The Consumers' Waterheater Income Fund to Hold Annual General Meeting on April 21 in Toronto

TORONTO, ONTARIO--(CCNMatthews - March 31, 2006) - The Consumers' Waterheater Income Fund (the "Fund") (TSX:CWI.UN) announced today that it will hold its Annual General Meeting on Friday, April 21, 2006 in Toronto.

The meeting will start at 9 a.m. ET at the Toronto Board of Trade at 1 First Canadian Place. A live audio web cast of the meeting and accompanying slides will be available on the Fund's website at www.consumerswaterheaters.com, and an archive will also be available.

Following the formal part of the meeting, Robert J. Huggard, Chief Executive Officer, Larry Ryan, President, and Stephen Entwistle, Chief Financial Officer, will provide an overview of the Fund's operations and financial performance.

About The Consumers' Waterheater Income Fund

The Consumers' Waterheater Income Fund owns a portfolio of 1.3 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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