The Consumers' Waterheater Income Fund
TSX : CWI.UN

The Consumers' Waterheater Income Fund

October 14, 2008 10:00 ET

The Consumers' Waterheater Income Fund to Hold 2008 Third Quarter Conference Call

TORONTO, ONTARIO--(Marketwire - Oct. 14, 2008) - The Consumers' Waterheater Income Fund (the "Fund") (TSX:CWI.UN) today announced it will hold a conference call and webcast on Monday, October 27, 2008 at 10 a.m. (ET) to discuss the Fund's financial results for the third quarter of 2008. Results will be issued by press release before markets open on October 27, 2008.

The event will be hosted by John Macdonald, President and Chief Executive Officer and Steve Bower, Chief Financial Officer.

The numbers to call to listen to the teleconference are 416-644-3415 or 1-800-732-9303. 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 web cast will subsequently be archived on the site.

A taped rebroadcast will be available to listeners until November 3, 2008 at midnight. To access the rebroadcast, please dial 416-640-1917 or 1-877-289-8525 and enter the pass code 21285318#.

About The Consumers' Waterheater Income Fund

The Fund owns a portfolio of approximately 1.4 million installed water heaters and other assets, rented primarily to residential customers in Ontario. The Fund also owns Stratacon Inc., a leading "smart" sub-metering company, with meters installed in approximately 24 thousand condominium and apartment suites in Alberta, Ontario and elsewhere in Canada.

Additional information regarding the Fund, including its current Annual Information Form is available on SEDAR at www.sedar.com.

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