The Consumers' Waterheater Income Fund
TSX : CWI.UN

The Consumers' Waterheater Income Fund

December 17, 2007 08:41 ET

The Consumers' Waterheater Income Fund Announces Monthly Cash Distribution

TORONTO, ONTARIO--(Marketwire - Dec. 17, 2007) - The Consumers' Waterheater Income Fund (the "Fund") (TSX:CWI.UN) announced today a cash distribution of $0.10750 per unit for the month of December 2007. The distribution will be payable on January 31, 2008, to unitholders of record at the close of business on December 31, 2007.

About The Consumers' Waterheater Income Fund

The 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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