Countryside Power Income Fund

Countryside Power Income Fund

March 14, 2005 08:30 ET

Countryside Power Income Fund to Hold Conference Call and Webcast to Discuss Year-End Results


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: COUNTRYSIDE POWER INCOME FUND

TSX SYMBOL: COU.UN

MARCH 14, 2005 - 08:30 ET

Countryside Power Income Fund to Hold Conference Call
and Webcast to Discuss Year-End Results

LONDON, ONTARIO--(CCNMatthews - March 14, 2005) - Countryside Power
Income Fund (TSX:COU.UN) today announced it will hold a conference call
and live audio webcast on March 23, 2005 at 10:00 a.m. (ET) to discuss
the Fund's financial results for the period ended December 31, 2004.

A press release announcing the Fund's results will be issued prior to
the call.

The call will be hosted by Goran Mornhed, President and Chief Executive
Officer of Countryside U.S. Power Inc., and Edward M. Campana, Executive
Vice-President and Chief Financial Officer of Countryside U.S. Power
Inc. Following management's presentation, there will be a question and
answer session for analysts and institutional investors.

To participate in the teleconference, please dial in to 416-640-4127 or
1-800-814-4890. To access the live audio webcast, please visit
Countryside's web site at www.countrysidepowerfund.com. The webcast will
also be archived on the web site.

The Fund owns indirect investments in 22 renewable power and energy
projects and two district energy systems. The renewable power and energy
projects, located in the United States, currently have approximately 51
megawatts of electric generation capacity and sold approximately 700,000
MMBtus of boiler fuel in 2003.The district energy systems are located in
Charlottetown, Prince Edward Island and London, Ontario, and together
have approximately 122 megawatts of thermal and electric generation
capacity. The Fund's indirect investments consist of loans to, and a
convertible royalty interest in, U.S. Energy Biogas Corp. and the
ownership of the district energy systems.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    BarnesMcInerney
    Tanis Robinson
    Senior Account Executive
    (416) 367-5000 ext. 252
    or
    Countryside U.S. Power Inc.
    Edward M. Campana
    Executive Vice President & CFO
    (914) 993-5010
    info@countrysidepowerfund.com
    or
    Countryside Canada Power Inc.
    Nicole Archibald
    Vice President, Administration
    (519) 435-0298
    info@countrysidepowerfund.com