The Consumers' Waterheater Income Fund
TSX : CWI.UN

The Consumers' Waterheater Income Fund

July 19, 2005 17:32 ET

The Consumers' Waterheater Income Fund To Hold 2005 Second Quarter Conference Call

TORONTO, ONTARIO--(CCNMatthews - July 19, 2005) - The Consumers' Waterheater Income Fund (the "Fund") (TSX:CWI.UN) today announced it will hold a conference call and webcast on Friday July 29, 2005 at 10 a.m. ET to discuss the Fund's financial results for the second quarter of 2005. Results will be distributed by press release the previous day after markets close.

The event will be hosted by Robert J. Huggard, Chief Executive Officer; Stephen Entwistle, Chief Financial Officer and Larry Ryan, President.

The numbers to call to listen to the teleconference are 416-640-4127 or 1-800-814-4862. Following management's presentation, there will be a question and answer session for analysts and institutional investors. To access the simultaneous live audio webcast, please visit www.consumerswaterheaters.com. Participants will require Windows Media Player™, which can be downloaded prior to accessing the call. The webcast will be archived on the website.

A taped rebroadcast will be available to listeners following the call until August 5, 2005 at midnight. To access the rebroadcast, please dial 1-877-289-8525 or 416-640-1917 and enter the passcode 21131947#.

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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