Countryside Power Income Fund

Countryside Power Income Fund

December 01, 2006 15:19 ET

Countryside Power Income Fund to Hold Conference Call

LONDON, ONTARIO--(CCNMatthews - Dec. 1, 2006) - Countryside Power Income Fund (TSX:COU.UN) today announced it will hold a conference call and live audio webcast on Monday, December 4, 2006, at 1 p.m. (ET) to discuss the recent filing by U.S. Energy Biogas Corp. ("USEB") for reorganization under Chapter 11 of the U.S. Bankruptcy Code.

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

To participate in the teleconference, please dial 416-644-3427 or 1-800-733-7560. To access the live audio webcast, please visit Countryside's web site at The webcast will also be archived on the web site.

Countryside Power Income Fund has investments in two district energy systems in Canada, with a combined thermal and electric generation capacity of approximately 122 megawatts, and two gas-fired cogeneration plants in California with a combined power generation capacity of 94 megawatts. In addition, the Fund has an indirect investment in 22 renewable power and energy projects located in the United States, which currently have approximately 51 megawatts of electric generation capacity and sold approximately 710,000 MMBtus of boiler fuel in 2005. The Fund's investment in the projects consists of loans to, and a convertible royalty interest in, U.S. Energy Biogas Corp.

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