The Consumers' Waterheater Income Fund
TSX : CWI.UN

The Consumers' Waterheater Income Fund

March 30, 2007 11:51 ET

The Consumers' Waterheater Income Fund to Hold Annual & Special Meeting on April 26 in Toronto

TORONTO, ONTARIO--(CCNMatthews - March 30, 2007) - The Consumers' Waterheater Income Fund (the "Fund") (TSX:CWI.UN) announced today that it will hold its Annual and Special Meeting on Thursday, April 26, 2007 in Toronto.

The meeting will start at 9 a.m. ET at the TSX Broadcast & Conference Centre at 130 King Street West. 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, John Macdonald, President and Chief Executive Officer, 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 1.4 million installed water heaters and other assets, rented primarily to residential customers in Ontario. Direct Energy 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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